The J&J and Guidant dispute may be weighing on sentiment -- there's some question about the legal dispute and that's probably had an impact on the tone of the market,
The market is still trying to get a feel for this trading session, but a rise in oil prices is always good for the energy sector, while it hurts almost everything else.
The market reacted negatively to the oil inventory numbers. But we've had a pretty decent run-up the last couple of days, it's been a very strong first quarter.
There's been a lot of activity in restaurants and stores on fears there will be damage to their operations.
We are going through kind of a start of what is typically a tough month. We are again going to be focusing more on earnings.
We want the economy to be strong, but we don't want it to be too strong because we want the Fed to come to the end of their rate-hiking cycle.
We're at a bit of an inflection point on the market. You need some consolidation before the next move.
We've had a pretty good sell-off for the last week and a half. I kind of characterize it as a relief rally.
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