Timothy Ghriskey
Timothy Ghriskey
bear conditions expect levels lift major market rally technical today
I think this is a technical bear market rally that we could get today (Wednesday) on oversold conditions after we went through some technical levels on the major indexes yesterday. So we can expect the market to lift up some,
beyond bond both initial issues morning number rally range remain stock stuck until
The CPI number this morning sparked a rally in both stock and bond markets. But beyond the initial reaction, I think we're going to remain stuck in this range until other issues get resolved.
beyond bond both initial issues morning number rally range remain stock stuck until
The CPI number this morning sparked a rally in both stock and bond markets, ... But beyond the initial reaction, I think we're going to remain stuck in this range until other issues get resolved.
barrel crude drag falls light oil parts price rally sets sweet various
Light sweet crude is over $45 a barrel now, and that's a big drag on various parts of the economy. I think at some point, the price of oil falls and that sets off a rally in the market.
feed market rally reluctant shows
It was a very reluctant rally but it shows how much the market can feed on itself.
primarily rally rather room seems tech
It seems to us that this rally is primarily short-covering, rather than something fundamental. The sense is that tech doesn't have much room to go lower.
economic either rally reports rest strengthen today undermine volume week
I like the rally today and the volume is good, but we still have a lot of economic reports to get through the rest of the week that could either undermine it or strengthen it.
earlier rally ran saw yesterday
The little bear-market rally we saw earlier and yesterday just ran out of buyers.
allied brings concern force gives leadership major management marriage strong synergy
I think it's a marriage made in heaven, ... First of all, it gives Allied leadership for the future. Honeywell brings with it some strong management and that was a concern to AlliedSignal shareholders. There are cost-cutting and synergy opportunities. This is going to be a major force going forward.
cautious invariably investors money search spread stay values
I think it's important for investors to be cautious there -- probably take some of that money off and search for new values in the market, ... Spread out your investments, because if you stay in what has been hot, invariably there will be a correction.
asset cash favorable managers portfolio sitting sure tends today window
I think today is a day of portfolio window dressing, with asset managers making sure they don't have cash sitting around for the end of the year, which tends to be favorable for stocks.
continues hang interest rates
The pall of interest rates continues to hang over the market.
bet great investor investors market proved sector technology year
If anything that this year has proved to investor or should have proved to investors is don't bet on just one sector of the market even if it is technology with that great growth,
broad good key likely rest share shows sting taken takes
I thought Dell had good numbers, and it likely shows that they have taken share in a lot of key areas. While that's good for Dell, I don't think it takes the sting out of HP's news. I don't think it has broad implications for the rest of tech.