The market was in ordspråk
The market was in La-La land the last few days. We had some good earnings yesterday and we got a positive spasm in response to it in a deeply oversold market.
James Awad
Today we had some positive economic data and we came into the market oversold, ... I don't think we've fixed the oversold position -- I think we're still cheap. Tomorrow there will be some focus on factory orders and Cisco earnings.
Art Hogan
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Gordon Wardell
Nudister
That's positive for the market, because consumers feel the economy is going well. After yesterday's (Monday's) declines, people are coming back into the market and earnings are good.
Peter Cardillo
I think the main thing that's going right for the market is that we still have a very healthy economy, with rising earnings and benign inflation. On a technical side, I think the correction ended three weeks ago. The market has been slowly recovering its sea legs. We had five days up in a row on the Nasdaq composite, and that is the reason why the profit taking yesterday. But the big picture still remains very positive,
Al Goldman
The market has a split personality here. I am personally not convinced of anything. This is a deeply oversold condition that's long overdue for a technical bounce. Valuations in the equity market are not compelling. The market is starved right now for some decent news.
Ram Kolluri
It's a surprise reversal today after the labor number this morning. The resignation of O'Neill was certainly a positive for the market. That was clearly the catalyst. The market was also getting a little oversold. And you have some good participation from tech.
Matt Ruane
There are a lot of features behind this market that are very favorable. Inflation news recently for August was very positive. Rates dropping have been a positive for this market and earnings still look good.
Stuart Freeman
I think we're in a good earnings season. So far, of the S&P 500, 139 companies have reported. Over 60 percent have been upward surprises, only 8 percent of them have really been negative surprises. So we're in a strong earnings season. That's good for the stock market, ... I think the market's in a trading range right now. I don't think it's going straight up from here. I don't think necessarily we're going to get a big summer rally, but maybe a positive tone to the market.
John Davidson
(
1887
-)
Right now, the market is showing a positive reaction to yesterday's earnings results. But investors are also in something of a wait-and-see mood, as we have earnings from industrial electronics firms tomorrow.
Takashi Ushio
I think that the one thing that is disturbing about the whole month of July is that you've seen the market sell-off on good earnings numbers. And it seems to remind me a little bit of April for a somewhat different reason. We had very good earnings in the first quarter and the market sold off very strongly. We're starting to see the same pattern in July. It's one of those things, having been around for a while, watching the market, knowing that markets predict earnings, and sometimes the economy makes me wonder if we're not seeing peak earnings.
Gail Dudack
Right now the market is showing a positive reaction to yesterday's earnings results.
Takashi Ushio
I think this is a technical bear market rally that we could get today (Wednesday) on oversold conditions after we went through some technical levels on the major indexes yesterday. So we can expect the market to lift up some,
Timothy Ghriskey
The market was deeply oversold. It is basically a technical rebound.
William Sullivan
If the CPI core rate shows not much of a rise then the market will be able to just focus on good earnings, ... It will show that the Fed is staying ahead of the inflation curve, which is a positive for the market.
Peter Cardillo
If the CPI core rate shows not much of a rise then the market will be able to just focus on good earnings. It will show that the Fed is staying ahead of the inflation curve, which is a positive for the market.
Peter Cardillo
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Denna sidan visar ordspråk som liknar "The market was in La-La land the last few days. We had some good earnings yesterday and we got a positive spasm in response to it in a deeply oversold market.".
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