The confluence of three themes today -- energy prices, earnings and economic numbers -- should make for an interesting market. |
The jobs data should tip the scales one way or another. |
The market has been hungry for some semblance of a positive trend, and it appears that one is developing. |
The market is apprehensive and hesitant in its conviction, waiting for clearer earnings direction from perceived market leaders. |
The report may give a reading on the economy and, bottom line, what may happen with interest rates. We are also coming from several days of declines, so a benign report may help boost stocks today. |
There is a seasonality bias to the upside. |
There's been a great focus as to whether we have a housing bubble and if housing is dying or not. |
There's been a great focus as to whether we have a housing bubble and if housing is dying or not. Housing in general has been a driving force in the economy. If housing is dying, it's the end of the line for what's driven the economy. |
With the Fed watching every stream of data that's coming out, investors are taking a cautionary stance due to ongoing concerns about the likely direction and the extent of future rate increases. |