The backdrop is the Greek exit - the Grexit - that's going to dominate news over the next few days until this game of chicken resolves itself. John Ing More Quotes by John Ing More Quotes From John Ing Streaming companies were almost the savior of the industry. John Ing company-news It was a wonderful week, energy was strong, gold was strong, the Canadian dollar firmed and there was a much more buoyant mood. It's just inevitable profit-taking. John Ing company-news It's been a bad quarter, a bad three months, and you're getting a bounce on some of those groups that were badly hurt, it's not the beginning of the bottom or anything like that, no. John Ing company-news It's not the beginning of the bottom or anything like that, no, there's still too much optimism in valuations. John Ing company-news It's mostly red, really. Financials are a little bit better. 'Will they, or won't they' this week? That's going to be the dominant theme more than anything else, it looks to us that the markets in next few months will be increasingly volatile, and that volatility will chase a lot of investors to the sidelines. John Ing company-news Until some of these things fall into place, the market will remain volatile, there's been a change in the dynamics, and the market's got to absorb these potentially negative influences. John Ing company-news We're still trying to consolidate after the dramatic moves this week. The intraday swings left only the aggressive traders who are bottom pickers in this market, most investors are staying on the sidelines, just seeing how the dust settles. John Ing company-news It's the summer doldrums, so there are few bulls around, technically we're oversold, we're due for at least the odd dead-cat bounce ... but I suspect this has got to wring itself out. John Ing company-news But those issues still fester. John Ing company-news It's the proverbial dead-cat bounce. After days of worries, the market's in a relief rally on the heels of New York and hopes that we get a respite on everything from China to Greece, but those issues still fester...We're in uncharted waters as far as the Greece exit, and the (Chinese) market collapse is only 30 percent after a 150 percent gain. John Ing company-news The oils were a little bit better, so we got a bounce there, the on-again, off-again Greek events are the dominant factor. John Ing company-news Everything is a pretty mixed bag ... but when you look at it, drillers, oil and gas, mining, the materials are down, by and large, the market technically has shown signs of choppiness and the expectation is that will continue ... The only good thing is to say we are not having triple-digit losses as we had earlier this week. John Ing company-news A lot of portfolio managers have been backing away from the banks, for a long time it was a profitable trade but the outlook is a lot more difficult. John Ing company-news The market is vulnerable still, the move in gold is the canary in the coal mine. John Ing company-news We're turning a corner, and those previous havens and attractions, in a higher interest rate environment aren't going to be participating. John Ing company-news Margins are tightening for the Canadian financial sector, the group is acting fairly toppy. I think it has seen its best days. John Ing company-news The tone is positive, yellen's speech is the main feature, it's dominating the news. Her language will be closely watched. John Ing company-news There still is room on the downside. John Ing company-news It still looks like it would be lower in the near term. My expectation is that there's an attempt to form a bottom, and our market (the TSX) will follow. Volatility will continue. John Ing company-news Gold made a dramatic move today, breaking out of the resistance levels and the stocks are reacting on the positive, we're seeing the ramifications of increased volatility in the market and the heightening geopolitical climate. John Ing company-news
