Stocks have put together a respectable run over the past few sessions, but we're not getting that warm and fuzzy feeling this time. With inflation fears kicking around and the April jobs data looming on Friday's horizon, skepticism is in the air. |
Tech stocks brought us up from our Oct. 8 lows and have continued to lead the market higher, ... When they go down it's going to drag the rest of the market with it. |
Tech stocks brought us up from our Oct. 8 lows and have continued to lead the market higher. When they go down it's going to drag the rest of the market with it. |
That kind of capitulatory downside will lead to bounces, but the question is sustainability and follow-through, ... That's something the market has been unable to demonstrate any credibility in doing so over the last three months. |
That kind of capitulatory downside will lead to bounces, but the question is sustainability and follow-through. That's something the market has been unable to demonstrate any credibility in doing so over the last three months. |
The bankruptcy filing and other stock stories are weighing on us a little, and you've got the Federal Reserve meeting and the CEOs signing off on the books hanging over us, but mostly you're seeing stocks a little skittishness after four days of gains last week, |
The bankruptcy filing and other stock stories are weighing on us a little, and you've got the Federal Reserve meeting and the CEOs signing off on the books hanging over us, but mostly you're seeing stocks a little skittishness after four days of gains last week. |
The big picture here is that we're pretty quiet, ... We are in the seasonally strongest month of the year, so that supports us, but the fact that everyone's so bullish is a bit worrisome. |
The big picture here is that we're pretty quiet. We are in the seasonally strongest month of the year, so that supports us, but the fact that everyone's so bullish is a bit worrisome. |
The big picture is that we have a market that did very well for the first part of the month, with the techs in particular recovering from summer declines, ... But now we've trailed off from that a bit, and you're seeing some window dressing into the quarter end. |
The big picture is that we have a market that did very well for the first part of the month, with the techs in particular recovering from summer declines. But now we've trailed off from that a bit, and you're seeing some window dressing into the quarter end. |
The elusive trough in corporate profits does seem to be at hand, but what the Street is looking for is confirmation. What we're looking for is the guidance and giving of the time frame of when the worst will be over. |
The fact that bonds are falling has the markets a little worried. The past couple times that oil spiked, bonds rose higher and the equity investors took solace in that. Now you've got to wonder if bonds are feeling the effects of inflation as well. |
The fact that we have recovered a little even with this news shows the buoyancy that we have seen in this market over the last five or six weeks. |
The fact that we're seeing some profit taking is a good thing. Yesterday, for all intents and purposes, was a win, in that we didn't sell off more after hitting those early week highs. |