Timothy Ghriskey Quotes (81 Quotes)

There's been this dramatic rise in interest rates recently, and it's sent a shiver through the market.

You're seeing a little relief buying after the pressure of the last three days. There was a lot of selling on the speculation about Rita, but now that it's getting closer to where it's expected to hit land, there's a backing off.

We're seeing a little selling today, but I think it's important to remember that we just hit an 18-month high on the Dow, and so we're going to see a little pullback short-term.

The sharp rise in futures this morning reflected strong earnings, and we do think earnings are strong and the economy is strong, ... It is a possible that if earnings keep coming in strong that there will be a reconnect with the markets and corporate performance.

The pall of interest rates continues to hang over the market.

the investment banks and economists may come out and lower second-half gross domestic product growth forecasts.

Oil is certainly dominating the market right now. Yesterday, crude moved above 60 but then pulled back by the close. Today you didn't see that.

Earnings have been coming in by-and-large at better-than-expected levels. But a lot of that has been priced in, and so you're seeing some selling on the news. But the profit-taking is short-term. Longer term, we should continue to see strong economic reports that support the rally, and we should start to see analysts' estimates increase for the fourth quarter.

I think any time OPEC meets it has an impact, although OPEC doesn't have the same effect on the stock market it once did,

There was strong economic data this morning, which sent bond yields higher.

We've had some not-great earnings news, such as GM. But to us, the biggest issue remains oil. Crude up at these levels is a concern for the consumer and for corporations on a global level.

The benign inflation data and the belief that the Fed may be closer to the end than had previously been thought has helped the market this week.

I think it's a marriage made in heaven, ... First of all, it gives Allied leadership for the future. Honeywell brings with it some strong management and that was a concern to AlliedSignal shareholders. There are cost-cutting and synergy opportunities. This is going to be a major force going forward.

If you look at today, you've got to say yesterday was a sucker's rally,

The Dow continues to outperform, ... This cyclical bias has been pretty consistent the last two weeks, with the exception of yesterday, when technology was participating, too.

Everyone knows growth slowed in the third quarter, and so for a company like GM to miss is not surprising, considering that it's so reflective of the economy and impacted by oil prices.

Oil is likely to stay in the 40's and that is likely to result in a flat stock market for the time being, ... Unless crude can break out of that range, I think we're likely to see sideways trading.

Markets don't go straight up, nor should they. What we're seeing today is very necessary. You want to see a series of small ups and smaller downs, with new investors coming back in and buying the dips. This period of selling is nothing more sinister than that.

We're seeing volume but no volatility in prices. And I think that just shows you that a lot of people are away and people are not making major moves. But next week, when everyone comes back from the Labor Day weekend it tends to be a big week and they really put the foot to accelerator and go, go, go.

is now is in play.

It's not causing a sell-off like it has in the past, but it does make it unlikely the market can move a lot higher.

The fourth-quarter earnings are expected to show growth from a year ago, and there have been very few pre-announcements one way or the other, which is positive, ... But it's not unusual to see this kind of choppiness as traders maneuver around and decide what they want to be in ahead of the earnings.

That part of their business was very strong in the previously reported quarter, and that's why the stock is rebounding,

So the message here, spread your investments around, ... If you've gotten hurt this year in technology, learn from that and diversify your investments.

The main thing is the economic news looks like its steadily improving and that should continue to help stocks.

Today, you have some not so great news coming out of the Middle East, violence in Pakistan, violence in Iraq, and that makes the rise in oil prices a bigger issue.

The impression is that corporations are being increasingly cautious in their projections for the first quarter, which is a trend that you've seen for the last few quarters. I think the companies are taking current economic and business conditions and projecting them onto the future earnings, rather than incorporating the impact the improving economy might have on earnings.

The prospect of nearing the September lows is propping up the market. Certainly the news was bad last night, but the market action over the last several days has been more positive.

The little bear-market rally we saw earlier and yesterday just ran out of buyers.

The company he envisions is small enough to avoid antitrust issues, but big enough to be a real player, ... I'd buy stock in that kind of company.

The brokerage earnings are by far the toughest to predict, because so much depends on how their internal investment performance was.

Oil continues to be a big influence on the market, and the Fed is as well. As inflation goes, so goes the Fed.

I thought Dell had good numbers, and it likely shows that they have taken share in a lot of key areas. While that's good for Dell, I don't think it takes the sting out of HP's news. I don't think it has broad implications for the rest of tech.

Oil was down a lot on the day and that certainly helped the market to support recent gains. There's also money moving from bonds to stocks here, with bonds retreating after the August run.

There have been few negative pre-announcements and a number of positive ones, ... Third-quarter earnings should be strong and that should continue to support the stock market. But there will always be pullbacks and volatility. There's always the potential for people to sell the news and you may see that in the short term.

The waters remain very muddy in terms of the economy, ... Friday's payrolls report made the case that the economy still has some life to it, but it's not clear yet whether the slowdown in March was temporary.

Overall, the issue for the market right now is oil. Today it seems to be about the events in Nigeria, but with oil it's been just one issue after another lately.

The CPI number this morning sparked a rally in both stock and bond markets, ... But beyond the initial reaction, I think we're going to remain stuck in this range until other issues get resolved.

We've had some very good earnings. Certainly the sell-off we've had in the last week or so has provided an opportunity for buyers to come back into the market.

We're seeing the same thing that we saw in October during the last earnings period, where investors used mostly good news as a reason to take profits.

The fear that's out there is forward looking, with people worrying about inflation and what the Federal Reserve might do in the months ahead. So the numbers next week won't help, although we do get a lot of earnings, which is good.

I just think there's nothing that's come out over the last couple of days that counters the primary issues (that) the market has been punished for over the last couple of months, which is loss of investor confidence over corporate malfeasance, accounting and terrorism,

Even if GDP is strong tomorrow, even better than the 6.0 consensus, you may not see a big stock reaction, ... As you saw yesterday, we're in a period where the economy should continue to support the stock gains going forward.

It obviously still dominates the software space, and we think it's going to be a good Christmas in the PC sector, both for the consumer and for business,

I think the August Fed meeting is a big overhang. And certainly the direction from that meeting will influence where the market goes. We could get into a bit of a summer doldrums here with August looming, from vacation time and all of that,

I like the rally today and the volume is good, but we still have a lot of economic reports to get through the rest of the week that could either undermine it or strengthen it.

(We like) stocks with a moderately high dividend give that stock support. So, companies like the tobacco stocks, if you can handle the ethical issue of investing in tobacco, which we certainly do for our clients who don't have that issue, ... These are high dividend stocks. The dividend is very secure. That's a great strategy. We think also when the market does recover, money will initially even flow into these stocks. Because on a relative basis, say a Philip Morris with a 5.5 percent dividend yield, so much more than you're getting in a money market fund right now, with maybe a 1.5 dividend yield. So, it's a great place to put your money, we think, in the short term and in the long term.

These earnings really give analysts confidence that this company and the industry and the metal are well on the road to recovery and the outlook remains strong.

A lot of people are calling for a correction since we've had a pretty uninterrupted run since mid-November, and that would actually be healthy for the market, ... But when you hear everyone forecasting a big correction, it often doesn't happen.

We think they're out there probably trying to sell this business, ... That's going to magnetize some assets and help this company.