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Letter "T" » Timothy Ghriskey Quotes
«Expectations were so high for Intel that they couldn't help but disappoint,»
Author: Timothy Ghriskey
«The Dow continues to outperform, ... This cyclical bias has been pretty consistent the last two weeks, with the exception of yesterday, when technology was participating, too.»
Author: Timothy Ghriskey
«We had a correction, partly because the market had this huge run and everyone was looking for a correction, and partly in response to the weak February payrolls number. We had a bounce off that correction Monday and Tuesday, but concerns remain.»
Author: Timothy Ghriskey
«Earnings have been coming in by-and-large at better-than-expected levels. But a lot of that has been priced in, and so you're seeing some selling on the news. But the profit-taking is short-term. Longer term, we should continue to see strong economic reports that support the rally, and we should start to see analysts' estimates increase for the fourth quarter.»
Author: Timothy Ghriskey
«We're seeing a little selling today, but I think it's important to remember that we just hit an 18-month high on the Dow, and so we're going to see a little pullback short-term.»
Author: Timothy Ghriskey
«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.»
Author: Timothy Ghriskey
«The long-term trend of the market is upward, but it's not surprising that we had a pullback for a few sessions.»
Author: Timothy Ghriskey
«I think we can see the market continue to move up through the summer, but it's going to depend on the earnings and the economic news. We should begin to see some evidence of an economic pick-up in the July data, which will start to come out early August. Second-quarter earnings look to be favorable, judging by the estimates and the fact that there have been less negative pre-announcements than in recent quarters.»
Author: Timothy Ghriskey
«We're into a bit of the summer doldrums. There have been a lot of positive earnings surprises, but the anticipation of that has lifted markets for months, with little proof that the economy is improving enough to justify those earnings. So the mood is more upbeat, but that hasn't translated to higher stock prices.»
Author: Timothy Ghriskey
«Markets don't go straight up, nor should they. What we're seeing today is very necessary. You want to see a series of small ups and smaller downs, with new investors coming back in and buying the dips. This period of selling is nothing more sinister than that.»
Author: Timothy Ghriskey
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