65 Quotes by Tim Ghriskey
- Author Tim Ghriskey
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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.
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Technology stocks don't tend to do well in the summer. We could see that pattern repeat itself and technology could take the summer off and continue to drift down.
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Techs have been underperformers during the month of December, especially the second half, so I think we're seeing some bargain hunting within technology.
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Delphi is weighing on the whole automotive industry. More people want to move money out of that sector, and the situation is not going to get better any time soon.
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Delphi is weighing on the whole automotive industry,
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Companies are beginning to warn investors that despite this quarter's solid results, what comes ahead will not be so stellar,
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Companies are beginning to tell the markets they are going to take a hit from both Katrina and higher oil prices. Demand for stocks in the short term may slow down.
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The big thing is the second-quarter sales and earnings (forecast) being below expectations. It's not going to be greeted favourably in this environment.
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This is essentially re-creating the old AT&T. But in this environment, the industry has been so weakened, with so many competing technologies, it's a very, very different world now.
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