Quotations
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Timothy Ghriskey Quotes
«There was strong economic data this morning, which sent bond yields higher.»
Author: Timothy Ghriskey
«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.»
Author: Timothy Ghriskey
«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.»
Author: Timothy Ghriskey
«The talk is that the Fed is going to be getting more aggressive soon, and may start raising rates by 50 basis points at a time. It's not going to happen this time, because (Fed Chairman) Alan Greenspan knows he needs to prepare the market for this in advance.»
Author: Timothy Ghriskey
«I think we've had a pretty significant correction in the stock market since the highs in early March, and we've reached a level that seems to be bringing in buyers.»
Author: Timothy Ghriskey
«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.»
Author: Timothy Ghriskey
«Light sweet crude is over $45 a barrel now, and that's a big drag on various parts of the economy. I think at some point, the price of oil falls and that sets off a rally in the market.»
Author: Timothy Ghriskey
«I think we've seen a slight relief rally, but I don't see what there is out there that's going to lift us beyond that.»
Author: Timothy Ghriskey
«The Dow and S&P are down because of Pfizer and the pharmaceutical sector, and oil is still a factor. But the indexes are not down as much as you might think they would be, which to me shows some underlying strength is still in place.»
Author: Timothy Ghriskey
«You could see a bit of a correction in early January on the stocks that have done really well in this end-of-2004 rally. Otherwise, you might see a quiet period.»
Author: Timothy Ghriskey