We're due for a ordspråk
This is an oversold bounce. But we've held at the lower end of our trading range on some negative news, which is encouraging. Now that we've gotten two back-to-back days of gains, we're hopeful that we can move to the middle of that range.
David Briggs
We're due for a little bit of a bounce back from the lower end of the trading range.
David Briggs
The market has been stuck in a very tight trading range for a month. Yesterday's NYSE volume of just over a billion shares makes me nervous. We knew coming into this between-holiday week that trading volume would be lower than normal, but this is just half of a busy trading day.
Ken Tower
We continue to be in this trading range, at the lower end right now, ... The only catalysts that can get us out of here in the next few weeks is some relief at the pump, lower oil prices and news about how much the Fed is going to raise rates.
Joseph Battipaglia
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Hourig Sourouzian
Hån
I'm hoping that because we've gone through virtually a whole month of selling, we'll be in a position to get a good bounce off of the bottom of the trading range.
Paul Mendelsohn
You get a kick in the market that draws in the buyers. I think we're in a trading range and are getting into the bottom half of that trading range.
Richard Cripps
Considering the carnage that is going on in Iraq and the fact that the Fed is set to raise rates next week, we should be at the lower end of this trading range, but we're not.
Ram Kolluri
It's a good start to the quarter, ... We're at the lower end of the recent trading range, so there's probably more room to gain.
Joseph Battipaglia
We've got so many cross currents competing right now, and we're in this trading range. And I think we're gonna have this volatile trading range for a while.
Peter Mancuso
Until we get the full force of earnings and economic data later in the week, I kind of expect us to remain at the lower end of the trading range,
Peter Cardillo
The Fed's choice to hold rates steady was no big surprise. People may have been using that as an excuse to sell at the top of a trading range. And we're probably going to be in a bit of a trading range until we get some new economic data that makes people want to move one way or the other.
Peter Cardillo
The Fed's choice to hold rates steady was no big surprise. People may have been using that as an excuse to sell at the top of a trading range, ... And we're probably going to be in a bit of a trading range until we get some new economic data that makes people want to move one way or the other.
Peter Cardillo
We're seeing range trading in all of the energy contracts. The big question is whether this is the bottom or if we will go lower. In the short-term the inventory numbers and the weather will determine what we do.
Jason Schenker
I'm left with the sense that this is a trading-range market, not a larger decline. The major averages are now coming down to their late August lows, which are presumably the low end of this trading range. There wasn't any real sign of a reversal yesterday, but support is nearby and downside leadership is poor.
Ken Tower
We're right at the top end of a trading range for most of the indices. And since we're at the top of that trading range, we have to find some type of catalyst to get people excited about equities. I wish I could tell you what that catalyst will be.
Sasha Kostadinov
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