If the Fed puts too much emphasis on global developments, that could really harm sentiment.

Brian Jacobsen

Categorized in : Company News

The bias is to extend the current rally mainly because (U.S. economic) data that we've gotten so far has been supportive.

Those three things could line up to make (a rate hike in)June a real possibility.

Discretionary could send a signal to the market with good second-quarter guidance, strong numbers would mean the economy will avoid recession, and could send (the S&P 500) to new highs.

Right now, you could track the direction of stocks when you see where oil is trading.

Some of the (market) fears may be comforted if we get good numbers out of China Monday evening.

While this report can help justify a rate hike in December, it can't justify anything more than a very gradual path of rate hikes.

The Fed has dialed down its anxiety over international developments, but it's best to play it safe.

The Fed is taking baby steps towards a rate hike, the Fed is doing a good job getting people ready for a rate hike before year's end, making it likely to be a low-impact event.

Unless the market takes a big jump here without any increase in earnings or revenue, then I'm leaving my money on the table.

The deflationary data suggested the ECB will be justified in doing more and that is probably what people are betting on right now.

You can also attribute (higher equity prices) to prospects of continued growth in the U.S..

I think we’ll see some healthy consolidation take place, some may wither on the vine, but technology has improved to make it profitable to extract at a lower price point than last year. As a result, we’ll probably see some opportunistic buying.

The renaissance isn't over, it's just maturing.