The data is important, but it will take a back seat to concerns about currency devaluations and recessions, |
The data is important, but it will take a back seat to concerns about currency devaluations and recessions. |
The economic backdrop in the U.S. is still attractive, prompting bargain hunters to go to work as we approach year-end. |
The economy, which had slowed down sharply before the World Trade Center attack, was not necessarily headed for a recession. After the attack, the probability of the U.S. entering a recession is far greater, |
the expectation is there will be a fairly strong stream of earnings disappointments in the second quarter. |
The Fed has to set a leadership mode for the U.S. economy and the market will follow. |
The housing starts did cast a shadow over the market, which currently has to contend with lots of short-term challenges, |
The jobs number was fuzzy, even though on balance it helped to perk up the market, ... Based on that number, the market is now factoring in that the economy is not weak enough for the Federal Reserve to cut interest rates in its Sept. 24 meeting. |
The level of frustration for many traders has reached a point where many are just tossing stocks into the market and have decided not to play for now, |
The market continues to suffer from lots of negative news, |
The market has done well in the last few weeks, ... Generally speaking, the market is a bit overbought. We just have to be patient and let the market give back some of its gains. |
The market has weathered a poor earnings period and increased anthrax anxiety and has come out of it pretty well. I'm encouraged. The imminent economic stimulus package and Federal Reserve cuts are providing further encouragement, |
The market is attempting to stabilize after a terrific run, ... Many stocks moved up without any fundamental underpinnings and corporate earnings, by and large, look less than impressive. Portfolio managers are looking for visibility of earnings over the next quarter or two. |
The market is sloppy and choppy. This is earnings season. We're going to have a mixed bag. |
The market itself turned around. Mood, momentum and money flow are still positive, ... is reacting to a sense of investors not wanting to miss the train. |