Timothy Ghriskey Rally Quotations

Light sweet crude is over $45 a barrel now, and that's a big drag on various parts of the economy. I think at some point, the price of oil falls and that sets off a rally in the market.

I think this is a technical bear market rally that we could get today (Wednesday) on oversold conditions after we went through some technical levels on the major indexes yesterday. So we can expect the market to lift up some,

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.

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.

I like the rally today and the volume is good, but we still have a lot of economic reports to get through the rest of the week that could either undermine it or strengthen it.

It seems to us that this rally is primarily short-covering, rather than something fundamental. The sense is that tech doesn't have much room to go lower.

It was a very reluctant rally but it shows how much the market can feed on itself.

The little bear-market rally we saw earlier and yesterday just ran out of buyers.