If we can resolve the China trade issue and have a reasonably good resolution to the Brexit issue with the UK, it adds a sense of optimism to the market. Combine that with the earnings today being good and happy days are here again. Rick Meckler More Quotes by Rick Meckler More Quotes From Rick Meckler They have just become such powerful, dominant market players that they don't face quite the pressures of other companies, in the case of Facebook and Google, they continue to just steal share, advertising share, from traditional sources. So they are truly shifting the pie towards them. Rick Meckler technology Today the focus is a little bit on some disappointing numbers, something like a Ford. Although Facebook numbers were really good - great in fact. Rick Meckler technology People are starting to say maybe this is going to take longer than they thought and maybe the impacts on the U.S. market wo n’t be nearly as great as feared, so I think you’ve seen a bit of bargain hunting. Rick Meckler company-news In a market that was chaotically falling, I think even average numbers would have provided some support, but the numbers were actually mildly bullish for the economy. Rick Meckler company-news For every step forward in the market like yesterday, it just seems like it’s met with a step back on a day like today. Rick Meckler company-news Today, really you’re seeing just that back-and-forth that has been here for months: very tight ranges, modest movements and just a mix between uncertainty and having such low interest rates that there isn’t somewhere else to go, there isn’t a lot of conviction on the part of global investors for any of the asset classes. Rick Meckler company-news This is hardly a big selloff but we are having trouble breaking through( to new highs on the S&P) because of a lack of consistently good earnings and economic data, one of the few positives is a weaker dollar but it is hard to see a reason for that to continue ; rates are being lowered around the world and expected to rise here( in the United States), there's no clear path to a lower dollar. Rick Meckler healthcare The Fed really for the first time has been sending kind of mixed signals about the pace of raising rates, if the economy is good enough for them to raise rates that could be a good move for stocks, if they are just raising rates in anticipation of the economy picking up and it never does that is a pretty negative sign. Rick Meckler company-news Driving everything has been the recovery in energy and commodity prices, that has been the part of the market that investors have been most concerned with so seeing a rally, particularly in oil, has been taken positively. Rick Meckler company-news Driving everything has been the recovery in energy and commodity prices this morning, that has been the part of the market that investors have been most concerned with so seeing a rally, particularly in oil, has been taken positively. Rick Meckler company-news When you see selling this broad and non-discriminant, when everything is being sold, The Nasdaq tends to end when The Nasdaq just exhausts everyone who’s worried. Rick Meckler company-news The bottom line for people who are investing is they prefer a little more certainty than they are seeing right now in either the election or in the energy markets. Rick Meckler company-news People want to see stability in that market and every time they think there’s maybe some stability, it seems to leg down, for equity owners and some of the high-yield owners that are tied to energy, it is a little unnerving that it can’t really seem to find a stabilized floor. Rick Meckler company-news I wouldn't be surprised if the markets end up today, you're just having this testing of what the bottom on energy is and no one knows the impact of a complete collapse the energy industry would have on U.S. equity prices. Rick Meckler company-news I wouldn't be surprised if the markets end up today, but you're just having this testing of what the bottom on energy is and no one knows the impact of a complete collapse the energy industry would have on U.S. equity prices. Rick Meckler company-news You have had people trying to pick a bottom both in the energy commodity itself and energy shares a few times in this long slide down and again today. Rick Meckler company-news People have seen in the past that these oil rallies have been very short, and to the extent they influence the equity markets, there is certainly some profit-taking going on, people are selling every rally that is based on the movement of oil, because by the end of the day it can turn around and be down another 5 percent. Rick Meckler company-news You're seeing some end-of-year bargain hunting here. Rick Meckler company-news Pretty much as expected ... I think the Fed has given investors a lot of time and a lot of direction that they plan to do this. If it is coming as a surprise to you now, you just haven't been following this. Rick Meckler company-news There could be events I suppose, terrorism or otherwise, that could make you postpone, but I think the certainly of (a rate hike) is up over the 90 percent mark, the Fed has given investors a lot of time and a lot of direction that they plan to do this, if it is coming as a surprise to you now, you just haven't been following this. Rick Meckler company-news
