I think there's reason for optimism, but at the same time, I think there are plenty of reasons to be cautious.

Randy Frederick

Categorized in : Company News

The lion's share of the numbers have come in already and we have had enough reports to suggest that this was a solid earnings season.

Randy Frederick

The main focus is to get this phase one trade deal, which could happen this month, i do think the market can hold its ground until we get some sort of a deal signed.

Randy Frederick

Frankly, markets have been overly optimistic about trade, i would caution people to be a little careful because optimism won't last if it doesn't ultimately materialize into something substantive like an agreement.

Randy Frederick

The risk to the downside is the greatest. If trade talks break down then we could head lower, probably a lot further, and the tech sector could be a leader to the downside.

Randy Frederick

The economy really hasn't slowed down that much. That says we're still in a cyclical market and there's still some upside potential, and tech tends to be one of the leaders when you're in a cyclical market.

Randy Frederick

The market is in a very optimistic mood. The economic data is very strong and the labor markets are strong, and companies are making a lot of money.

Randy Frederick

If you see oil dip from here and head below the mid-$40 range, it... by Randy Frederick

If you see oil dip from here and head below the mid-$40 range, it'll drag the (stock) market.

Randy Frederick

There's not a whole lot driving the market, which is why we've se... by Randy Frederick

There's not a whole lot driving the market, which is why we've seen it go both directions.

Randy Frederick

I'm a bit surprised to see us hitting record highs again, we are pretty topped out and we should move sideways for awhile.

Randy Frederick

As you see the prospect of a rate hike come into play, then these stocks don’t necessarily decline but they stop going up and they sort of level off and go sideways.

Randy Frederick

The bulk of the important data is going to be coming out tomorrow so markets tend to get relatively quiet, going into the sideways mode waiting for that.

Randy Frederick

Oil prices fell off a little bit after the market opened and that is probably what is dragging the market down.

Randy Frederick

The market got jittery yesterday after comments from the The Fed officials but what it's really looking for is comments from Yellen, i think we could see two rate hikes but September and December are more likely rather than June.

Randy Frederick

People are taking some profits and stocks are looking a little bit expensive at the moment, especially since there is no earnings growth.

Randy Frederick

We have run into technical resistance now that we're near the record high, people are taking some profits and stocks are looking a little bit expensive at the moment, especially since there is no earnings growth.

Randy Frederick

Obviously they have to come to a consensus and certainly Yellen drives that more than anyone else but then everyone on the Board and even those that aren’t voters this year go out and say things that are that are completely contradictory, i’m not sure that the new Fed transparency is of any value if they all disagree with each other anyway.

Randy Frederick

The market has been pricing two hikes at the most and their adjustment of the end of year forecast is consistent with two hikes, so yes, the market is basically saying, 'We had it right.'.

Randy Frederick

As much as it frustrates people, the reality is (oil and equities) are incredibly highly correlated and they have been really going back to November, it’s that simple.

Randy Frederick

The consumer spending numbers are a concern, we keep hearing that there is pent-up consumer demand that we are going to see down the line but we've seen little evidence of that.

Randy Frederick

If you look at crude prices, they are shooting right back up, so I would say you can blame whatever is in equities to crude because they are incredibly highly correlated, there is no doubt that is why equities are going up.

Randy Frederick