It feels like there's not a whole lot going on today in the world of trading. Kim Forrest More Quotes by Kim Forrest More Quotes From Kim Forrest This a phenomenon you see in the late stages of an expansion, hiring is up and to support all the new people that you've hired, you to add to your technology. Kim Forrest business For better or worse, a lot of investors have been trained to respond to the decline of oil, where it could mean demand is light and, thus, economic activity is light. Kim Forrest top-news I don't think reasonable investors are looking for a rate cut at this moment. And the good economic conditions don't necessarily point to a rate hike either. Kim Forrest top-news That is the big question hanging over this thing, is this really an earnings recession ? Kim Forrest top-news On Fridays in the summer, there's not a lot of people behind the desk. These are investors that may not have been around to participate at the end of a holiday week. Kim Forrest business Everybody is at the beach and they aren't even calling in trades anymore, in times of low volumes, moves up or moves down are greatly exaggerated, because there is not enough participants to absorb those extra shares. Kim Forrest company-news The fact that is giving everyone hope is that JPMorgan's revenues were strong and that shows business is being done. Kim Forrest business ... It is the very beginning of earnings season and we will have wait and see what companies have to say about the future. Kim Forrest business Demand for oil seems to be stronger than we anticipated and the price continues to rise, that is something that is positive. Kim Forrest company-news It feels like markets want to move higher even though there is no real reason for us to pay more. Its a head scratcher. Kim Forrest company-news The whole sector had low expectations coming into earnings and for good reasons, the stock market was stinking up the place and analysts assumed consumers were too. Kim Forrest business The smaller names aren't in everybody's portfolio, the bigger names are, that's why I would assume retail and institutional investors are selling their tech, maybe the big cap is really the consumer-focused tech and media names and they deserve the selloff because they are not performing. Kim Forrest mergers-acquisitions It dried up a little bit but every company out there that is large enough to do an acquisition is always doing acquisitions, they may not be completing them but they are talking to people. Kim Forrest technology There’s no clear driver that I can see that is going to ignite growth in the real economy. We continue to limp along. Kim Forrest business That could propel their shares higher. Kim Forrest company-news Most of the economic data goes into a' what will the Fed do' quandary, i think what we've gotten today is that it's weak enough to still support the two rate hikes, maybe one rate hike. Kim Forrest company-news We are treading water, everyone's waiting for the language to come out from the Fed. Kim Forrest company-news The world was really, really happy with this mainly because we're all addicted to zero interest rates. Kim Forrest company-news The world was really, really happy with this mainly because we're all addicted to zero interest rates, it's free money. Kim Forrest company-news We're torn between fear and greed and it all happens on the same day. Kim Forrest company-news
