Ford Motor warned Friday and that type of news is pressuring stocks,
More Quotes from Timothy Ghriskey:
The impression is that corporations are being increasingly cautious in their projections for the first quarter, which is a trend that you've seen for the last few quarters. I think the companies are taking current economic and business conditions and projecting them onto the future earnings, rather than incorporating the impact the improving economy might have on earnings.Timothy Ghriskey
The little bear-market rally we saw earlier and yesterday just ran out of buyers.
Timothy Ghriskey
A lot of people are calling for a correction since we've had a pretty uninterrupted run since mid-November, and that would actually be healthy for the market, ... But when you hear everyone forecasting a big correction, it often doesn't happen.
Timothy Ghriskey
is now is in play.
Timothy Ghriskey
the investment banks and economists may come out and lower second-half gross domestic product growth forecasts.
Timothy Ghriskey
That part of their business was very strong in the previously reported quarter, and that's why the stock is rebounding,
Timothy Ghriskey
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