A late-day push like this is nice to see, and there's been some decent volume, which is important, but I'm not convinced it's a trend yet. Another couple of days of good earnings would bode well for this market.
The market, I think, is treading water and needs more than Oracle.
The tech sector continues to be a drag. Outside the manufacturing sector, the market still has a long way to go.
To say it's slow is an understatement ? it's really a sign that people are playing it close to the vest. I think people really want to hear what Cisco has to say.
We're basically finished up for the day.
We've been in a narrow range all day with light buying, but this is to be expected at the beginning of the new year.
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