26 ordspråk av Brian Williamson
Brian Williamson
The push-up (in oil) was enough to scare some people with geopolitical unrest overseas, but it's a long day. Sixty-two dollars a barrel is probably the level where you start to see some effects on equities.
|
The situation has not improved. With several major overseas markets down and continued attacks on Nigerian oil fields, this market has a negative backdrop.
|
There have been some expectations in the market that the Fed would perhaps do, instead of three hikes, maybe two going forward. That optimism may have faded a little bit.
|
There is a human toll and an economic toll and the Street is currently weighing both of them.
|
There were not a lot of people trading today for the economic numbers to really make a difference. Institutional flows are really light.
|
There's obviously a very bullish sentiment there when you look at the tape. But you know, the volume's a little quiet, and that sentiment can still change in a heartbeat.
|
Volume should be very light next week, with a lot of portfolio managers and traders out on vacation. But less liquidity also tends to exaggerate moves in either direction, so retail investors should be cautious.
|
We had some momentum buying that lifted tech, but the rest of the market kind of faded off.
|
We're still right back where we were this morning.
|
You're going to see a lot of volatility all day. It's the last day of trading for the quarter, so things get hectic.
|
You're seeing some selling now, some consolidation maybe, but I'd be cautious of that. The market's been very resilient. Investors have been very quick to buy if they get a little good news.
|