Hints and tips:
...Quincy Krosby, chief global strategist at LPL Financial, said the ADP report confirmed “what consumers reported in the most recent consumer confidence report — that the job market has become more difficult...
...“The increase in wholesale prices serves as a reminder that the data-dependent Fed isn’t ready to declare victory on its campaign to quell inflation,” said Quincy Krosby, chief global strategist for LPL...
...“The bears were finally able to find some solace in the market’s reaction to Tesla’s earnings, and again Netflix, although their numbers certainly weren’t dire,” said Quincy Krosby, chief global strategist...
...“The market has been discerning as opposed to giving a free ride to [Big Tech] and that you do want to see,” said Quincy Krosby, chief global strategist at broker LPL Financial....
...“Seeing the index gain support suggests we’re finally moving beyond the worry that another bank-related headline is going to throw financial markets into a tailspin,” said Quincy Krosby, chief global strategist...
...“Big established technology names didn’t disappoint during the earnings season, and for the most part, offered guidance that was reassuring, something financial markets needed to hear,” said Quincy Krosby...
...Quincy Krosby, chief global strategist at LPL Financial, said the jobs report bolstered the argument for a smaller 0.5 percentage point rise at the Fed’s December meeting and “helped the equities market”...
...“[The data] underscores the difficulty the Federal Reserve has in restoring price stability as consumers continue to spend at a healthy pace,” said Quincy Krosby, chief global strategist at broker LPL Financial...
...Quincy Krosby, a strategist at broker LPL Financial, said jittery markets could soon swing higher if investors drew even a glimmer of hope from any central banker comments or political developments in the...
...“Usually markets are solid going into the new year,” said Quincy Krosby, chief market strategist at Prudential Financial....
...“When you hear that from the raft of Fed speakers, particularly from the top, it is of concern,” said Quincy Krosby, chief market strategist for Prudential Financial....
...If the status quo continues in Congress, Quincy Krosby, chief market strategist for Prudential Financial, said Republican Senate majority leader Mitch McConnell would “make sure Biden will have to bide his...
...“The market has to prioritise its anxieties and right now it’s on overload,” said Quincy Krosby, chief market strategist at Prudential Financial, citing concerns that a contested presidential election may...
...“This is disconcerting because the market had been expecting the talks would continue while a deal was crafted within one to two weeks,” said Quincy Krosby, chief market strategist for Prudential Financial...
...Quincy Krosby, chief market strategist for Prudential Financial, said the rally had become “overbought and extended” as investors jumped on the tech bandwagon, adding: “It’s painful but this was needed.”...
...The Vix has recently fallen to just above 20, which Quincy Krosby, chief market strategist for Prudential Financial, describes as a “crucial . . . line in the sand in the market in terms of volatility” that...
...“The Fed has come in so aggressively and so forcefully that the market is expecting that it will go in wherever it is needed,” said Quincy Krosby, chief market strategist for Prudential Financial....
...“There is hunger for high-yield,” said Quincy Krosby, chief market strategist for Prudential Financial....
...“The fiscal stimulus is a net positive for the stock market,” said Quincy Krosby, chief market strategist for Prudential Financial. “Many take that as an early sign we have hit a market bottom.”...
...“The economic data continues to weaken, exacerbated by a prolonged trade war with China,” said Quincy Krosby, chief market strategist at Prudential Financial....
...“The market seems to be absorbing the rate hike, and potential for more rate hikes, easily,” said Quincy Krosby, chief market strategist at Prudential Financial....
...“It’s giving the stock market jitters,” said Quincy Krosby, chief market strategist at Prudential Financial, who described the market as facing a “regime change”....
...“You are seeing a move into safe havens, pushing the yield on the 10-year down,” said Quincy Krosby, chief market strategist at Prudential Financial....
...Quincy Krosby, chief market strategist at Prudential Financial, added that what “we want to see and hear from companies is their intention for what they will do with the cash”....
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