I do think the economic data scared people a little bit. |
I guess my first impression is you can't judge a book by its cover. |
I think we're seeing a sunny day that we haven't seen in a long time, but the real question is will we see back to back. What we've been waiting for is a big tech company come out and say either stability or better visibility and we got that. But we need to see more of that from other companies or over a longer period of time. |
Maybe we have bottomed. But in terms of going higher, when it comes to corporate guidance, we are not hearing that. |
Perhaps the market hasn't figured out it's January. The market has a bit of a 2000 hangover. |
We simply don't have the catalyst to drive this market to another level. |
We're seeing a lack of buying, as people are reluctant to establish new positions in a climate of social unrest. |
We've stayed above some key support levels right now, despite the news, so that's a good thing. |