John Augustine

Big institutions are holding back their own capital. They're looking for an upside catalyst for stock prices. Any activity on read more

Big institutions are holding back their own capital. They're looking for an upside catalyst for stock prices. Any activity on the mergers and acquisition, buy-back or dividend fronts, mixed with good news out of energy or the Fed, would be a catalyst to bring the big institutions back into stock market.

We could be into mid-July until we see the Dow break that record. It may take another round of earnings read more

We could be into mid-July until we see the Dow break that record. It may take another round of earnings to give it that push.

There are fears that any supply disruptions could disturb oil markets and such concerns are holding back both economic growth read more

There are fears that any supply disruptions could disturb oil markets and such concerns are holding back both economic growth and stock prices. In the absence of any such disruptions, we expect that crude will stay in the $50-$70 range this year and will likely always be on investors' minds.

Many market observers are coming out with the belief that the market will break upward after the election. Such strong read more

Many market observers are coming out with the belief that the market will break upward after the election. Such strong consensus views often don't turn out to be a reality.

This may be one of those years in the stock market where you'll want to sell on Memorial Day and read more

This may be one of those years in the stock market where you'll want to sell on Memorial Day and go away until Labor Day.