Brian Williamson
Brian Williamson
Brian Williamsonwas a Jamaican gay rights activist who co-founded the Jamaica Forum for Lesbians, All-Sexuals and Gays. He was known for being one of the earliest openly gay men in Jamaican society and for being one of its best known gay rights activists...
earnings expect last move next price producer provide saw surprises week
Last week we saw earnings pre-announcements and a higher-than-expected producer price index move stocks. Next week, we expect more earnings surprises and the CPI to provide the volatility.
We're still right back where we were this morning.
bleeding edge fuel leading negativity problems push rest texas
Obviously, with the Nasdaq leading losses, Texas Instruments' problems are bleeding through to the rest of the tape. It was just enough negativity to push us over the edge and fuel some of this profit-taking we're seeig here.
buying faded lifted market momentum rest
We had some momentum buying that lifted tech, but the rest of the market kind of faded off.
either exaggerate investors less light managers moves next portfolio retail tends traders volume
Volume should be very light next week, with a lot of portfolio managers and traders out on vacation. But less liquidity also tends to exaggerate moves in either direction, so retail investors should be cautious.
barrel dollars effects level people scare start
The push-up (in oil) was enough to scare some people with geopolitical unrest overseas, but it's a long day. Sixty-two dollars a barrel is probably the level where you start to see some effects on equities.
faded fed instead market maybe optimism perhaps three
There have been some expectations in the market that the Fed would perhaps do, instead of three hikes, maybe two going forward. That optimism may have faded a little bit.
economy fed focus huge market terms whether
The Fed is a huge focus right now, if not most of the focus of what's going on in the market (in terms of) inflation, rates, whether the economy is going up or down.
concern continue corporate fed street
The big concern that the Street has with the Fed is if they continue to go at this pace, what does this do to corporate profits?
across data good higher mixed oil prices reaction seeing sort volatility
In all you're seeing sort of a mixed reaction out there. The oil data was good because of the distillates, but you're still seeing oil prices higher because of demand. And we're seeing a lot of volatility across the board.
bullish change obviously sentiment
There's obviously a very bullish sentiment there when you look at the tape. But you know, the volume's a little quiet, and that sentiment can still change in a heartbeat.
below crude factor helping leading might potential rally
Crude below $60 is helping a little bit. There's some speculation that there's a potential build-up in crude inventories, so that might be a factor leading into the rally in the Nasdaq and S&P.
both currently economic human street toll
There is a human toll and an economic toll and the Street is currently weighing both of them.
beating front horse pass seems time tries works
He's been working good. It seems like every time he works there's some horse that's in front of him or tries to pass him. It's made him work faster, but he's been beating them.