Tim Ghriskey Quotes

It is an oil day. Oil is over $68 now and that, combined with a very hawkish statement from the Fed, is weighing on the market. Energy prices at the gas pump are impacting consumer spending and its impact is reflected in AutoZone's earnings and Avon's profit warning.

- Tim Ghriskey

Tags

Combined | Hawkish | Statement | Weighing | Market |

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We don't think it does (change the pace), but it raises some uncertainty and the stock has sold off in some profit taking. This is a nervous market environment. - Tim Ghriskey

The drop in oil prices is definitely positive for stocks. It takes some of the pressure off the markets, even if it is only for a short period of time. - Tim Ghriskey

It's basically good fundamentals, good pipeline, solid companies... They're defensive. They're not impacted by the slowing economy. And these are some of the cheaper names out there. - Tim Ghriskey