The tobacco lawsuit being settled -- that's obviously impacting tobacco stocks.
More Quotes from Tim Ghriskey:
This should lead to a positive tone to the start of the market today and to the outlook for industrial earnings.Tim Ghriskey
GE's businesses are benefiting from the economic environment both domestically and internationally. But revenue did fall slightly below Wall Street's expectations, which is a bit of a disappointment.
Tim Ghriskey
The drop in oil prices is definitely positive for stocks. It takes some of the pressure off the markets, even if it is only for a short period of time.
Tim Ghriskey
There has been very much a sea change of investor opinion here. We've gone from a period where the Fed was simply moderating growth to a period where the Fed is trying to restrain growth or even depress growth.
Tim Ghriskey
Even though this was a well-anticipated reversal... the market still has reacted positively to the ruling in pushing up tobacco stocks, because this removes yet another legal impediment to the survival of the industry.
Tim Ghriskey
The stock market is a forward-looking beast, and that's why we are seeing futures dip lower even amid some very strong reports, such as the ones from financial institutions.
Tim Ghriskey
Readers Who Like This Quotation Also Like:
I have tried to teach people there are three kicks in every dollar: one, when you make it; two, when you have it. The third kick it when you give it away - and it is the biggest kick of all.William Allen White
As the body dieth when the soul departeth, so the soul of man dieth, when it hath not the knowledge of God.
John Jewel
I have had this view of the optimization of the electrode design for a long time. Historically we went through various phases in the work and eventually worked on large sheets - very large sheets - of palladium.
Martin Fleischmann