In terms of the thought process on the economy, today's ISM data on the services sector didn't help, |
In terms of the thought process on the economy, today's ISM data on the services sector didn't help. It didn't really come as a surprise -- but, having said that, the broader thought process that the economy isn't doing well in the second half compared with the first half has investors concerned that we may need to test the lows of the market again. |
In the earnings pre-reporting season, the companies that alarmed us so much were tech and telecom, ... We still have earnings jitters and nervousness about revenue growth. I think people feel there is more value in the Dow, which has been hanging in there, so that's where the flight to quality comes in. |
Investor sentiment is shifting and volume levels are starting to pick up, ... Investors were just taking advantage of yesterday's one-day record advance to take some cash off the table. |
Investors are starting to discount the second quarter and price in growth in the fourth quarter, |
Investors feel that the Fed's action on Tuesday, May 16, has been priced into the market and it's safe to get back into the water, |
Is this over-done on the downside? I would have to say so, |
It certainly doesn't hurt, ... It always helps to hear her say that she's still confident but it's 12 months out. |
It didn't really come as a surprise -- but, having said that, the broader thought process that the economy isn't doing well in the second half compared with the first half has investors concerned that we may need to test the lows of the market again. |
It does look like they are not as close (to settling) as they were going to be, |
It doesn't take much to push stocks lower in this market, ... Stocks have been headed in a downward direction for a while. |
It sends a signal that the U.S. economy has weathered some pretty harsh storms over the past few years and in recent months. |
It was really the perfect storm of good news. |
It's a 'buy on the rumor, sell on the news' type of market, especially in the telecom and tech sectors, |
It's a good day for the market, ... It's a great boon for the economy when you've got more than $70 billion in M&A activity (mergers and acquisitions), and these companies are making these moves because they think the economy is getting better. |