There was strong economic data this morning, which sent bond yields higher.
More Quotes from Timothy Ghriskey:
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.Timothy Ghriskey
I think early January should live up to its reputation as a pretty good time of year for stocks.
Timothy Ghriskey
Everyone knows growth slowed in the third quarter, and so for a company like GM to miss is not surprising, considering that it's so reflective of the economy and impacted by oil prices.
Timothy Ghriskey
If (these warnings don't) wake up people that we're in preannouncement season and the preannouncements are going to be bad, I don't know what will,
Timothy Ghriskey
These earnings really give analysts confidence that this company and the industry and the metal are well on the road to recovery and the outlook remains strong.
Timothy Ghriskey
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,
Timothy Ghriskey
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Based on Topics: Morning QuotesPeople are naming it the Third Wave, the Information Age, etc. but I would say those are basically technological descriptions, and this next shift is not about technology - although obviously it will be influenced and in some cases expressed by technologies.
Paul Hawken
That man is rich whose pleasures are the cheapest.
Henry David Thoreau
Don't you hear people saying things you can't believe they're saying?
Joel Schumacher