The consumer confidence number was not good, |
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. |