Following the disappointing tech news after the close, it looks like the market could be in for rough sledding at the open. |
Given that tech companies are already trading at pretty high valuations, these companies' earnings are going to have to really deliver for the stock prices to show a substantial reaction. |
Given the strong reports we've seen from many technology and industrial companies over the past several days, it's hard to make too much sense of today's GDP report. |
Historically, the three-month period before the Fed goes on hold in the rate hiking cycle, stocks have performed well and that carries on for the next 12 months, |
I think that next week, and in fact for the next few weeks, the markets are likely to remain in a trading range, with many of the same issues still in place. |
I think the fact that Greenspan brought the issue of a declining dollar, global trade imbalances and protectionism to the forefront adds to the pressure today. |
I think the last few weeks have probably been frustrating for investors. Earnings have been very positive, but the focus has been on interest rates. Over the next few sessions, it looks like the fear of higher interest rates will probably outweigh the earnings. |
I think the number is likely to be below the median estimate. |
I think the results from AMD and Apple after the close should help boost sentiment toward technology stocks, which have been on a bit of a roll for a few weeks, |
I think the results from AMD and Apple after the close should help boost sentiment toward technology stocks, which have been on a bit of a roll for a few weeks. |
If Greenspan is more hawkish, implying that rates will rise faster than thought, that may bother investors, ... If Greenspan continues to stress that rates can rise at a 'measured' pace, that may impress the market. |
If we can build on Tuesday's significant . . . turnaround, you could see buyers start coming back into the market and you could see a further push higher over the next several days. |
If we can build on Tuesday's significant intraday turnaround, you could see buyers start coming back into the market and you could see a further push higher over the next several days. |
If we see signs that the economy is in fact slowing, and inflation remains contained, then the pause is a positive for stocks. But if we see tightness in the labor market, pressure in commodity markets, that could suggest we will see further hikes. |
If you take all those comments together, it implies the Fed is less worried about deflation and more about inflation, all of which sets the stage for higher rates. |