You're seeing a little relief buying after the pressure of the last three days. There was a lot of selling on the speculation about Rita, but now that it's getting closer to where it's expected to hit land, there's a backing off. - Timothy Ghriskey Quotes
You're seeing a little relief buying after the pressure of the last three days. There was a lot of selling on the speculation about Rita, but now that it's getting closer to where it's expected to hit land, there's a backing off. Timothy Ghriskey
 

More - Timothy Ghriskey Quotes

Obviously very leveraged to the financial markets, ... When stocks are going up, this stock should do better than the market. When stocks go down, it should do worse than the market. So, there is risk here. But, it's the most diversified of the major broker dealers. - Timothy Ghriskey Quotes

Obviously very leveraged to the financial markets, ... When stocks are going up, this stock should do better than the market. When stocks go down, it should do worse than the market. So, there is risk here. But, it's the most diversified of the major broker dealers.

Timothy Ghriskey

 
I think we can see the market continue to move up through the summer, but it's going to depend on the earnings and the economic news. We should begin to see some evidence of an economic pick-up in the July data, which will start to come out early August. Second-quarter earnings look to be favorable, judging by the estimates and the fact that there have been less negative pre-announcements than in recent quarters. - Timothy Ghriskey Quotes

I think we can see the market continue to move up through the summer, but it's going to depend on the earnings and the economic news. We should begin to see some evidence of an economic pick-up in the July data, which will start to come out early August. Second-quarter earnings look to be favorable, judging by the estimates and the fact that there have been less negative pre-announcements than in recent quarters.

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. - Timothy Ghriskey Quotes

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.

Timothy Ghriskey

 Rally
Oil was down a lot on the day and that certainly helped the market to support recent gains. There's also money moving from bonds to stocks here, with bonds retreating after the August run. - Timothy Ghriskey Quotes

Oil was down a lot on the day and that certainly helped the market to support recent gains. There's also money moving from bonds to stocks here, with bonds retreating after the August run.

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. - Timothy Ghriskey Quotes

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.

Timothy Ghriskey

 Correction
If anything that this year has proved to investor or should have proved to investors is don't bet on just one sector of the market even if it is technology with that great growth, - Timothy Ghriskey Quotes

If anything that this year has proved to investor or should have proved to investors is don't bet on just one sector of the market even if it is technology with that great growth,

Timothy Ghriskey

 
The prospect of nearing the September lows is propping up the market. Certainly the news was bad last night, but the market action over the last several days has been more positive. - Timothy Ghriskey Quotes

The prospect of nearing the September lows is propping up the market. Certainly the news was bad last night, but the market action over the last several days has been more positive.

Timothy Ghriskey

 News
The long-term trend of the market is upward, but it's not surprising that we had a pullback for a few sessions. - Timothy Ghriskey Quotes

The long-term trend of the market is upward, but it's not surprising that we had a pullback for a few sessions.

Timothy Ghriskey

 Market
There is still strong underlying demand for financial securities. That, combined with the strength of the economy could carry us to year-end. - Timothy Ghriskey Quotes

There is still strong underlying demand for financial securities. That, combined with the strength of the economy could carry us to year-end.

Timothy Ghriskey

 Economy
Overall, the issue for the market right now is oil. Today it seems to be about the events in Nigeria, but with oil it's been just one issue after another lately. - Timothy Ghriskey Quotes

Overall, the issue for the market right now is oil. Today it seems to be about the events in Nigeria, but with oil it's been just one issue after another lately.

Timothy Ghriskey

 Events
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