108 Quotes by Timothy Ghriskey

  • Author Timothy Ghriskey
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    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.

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  • Author Timothy Ghriskey
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    This seems to be a period where the market is very unsettled. There's really no leadership and that's because there's a lot of uncertainty, not only about the Fed, but in terms of where the economy is going and how that will affect corporations.

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  • Author Timothy Ghriskey
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    What our economist thinks at this point is that we have probably seen the last of interest rate hikes by the Fed, which could be a positive thing for the transportation sector,

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  • Author Timothy Ghriskey
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    We saw some good numbers come out of GE and UTX, which bodes well for the economy, but I think we're still in this correction.

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  • Author Timothy Ghriskey
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    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.

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  • Author Timothy Ghriskey
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    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.

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  • Author Timothy Ghriskey
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    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.

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  • Author Timothy Ghriskey
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    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.

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  • Author Timothy Ghriskey
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    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.

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