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Letter "T" » Timothy Ghriskey Quotes
«We really think we're seeing a bottoming in the market. We think the issues really have been dealt with that caused the real collapse of the market. We think we're in a bottoming process that can last a while -- we think the last leg of it is resolution of the Iraq conflict.»
«The CPI number this morning sparked a rally in both stock and bond markets. But beyond the initial reaction, I think we're going to remain stuck in this range until other issues get resolved.»
«Oil still remains the big uncertainty out there for the market. I think the attack in Saudi Arabia and worries about Friday's OPEC meeting are unsettling financial markets.»
«Oil is likely to stay in the $40's and that is likely to result in a flat stock market for the time being. Unless crude can break out of that range, I think we're likely to see sideways trading.»
«But the language in the Fed comments and in Greenspan's speeches of late has been pointing to rate hikes becoming more aggressive. The word 'measured' is going to be dropped soon, maybe at this meeting, maybe at the next.»
«Ford Motor warned Friday and that type of news is pressuring stocks.»
«The waters remain very muddy in terms of the economy. Friday's payrolls report made the case that the economy still has some life to it, but it's not clear yet whether the slowdown in March was temporary.»
«I think any time OPEC meets it has an impact, although OPEC doesn't have the same effect on the stock market it once did.»
«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.»
«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.»