We're seeing a pullback really just from yesterday.
More Quotes from Timothy Ghriskey:
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.Timothy Ghriskey
CPI is certainly the big economic report of next week. The Fed's beige book and some of the manufacturing numbers will be looked at as well.
Timothy Ghriskey
Maybe there aren't a lot of sellers left and buyers are starting to put money into the market,
Timothy Ghriskey
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.
Timothy Ghriskey
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.
Timothy Ghriskey
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.
Timothy Ghriskey
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