Right now the party will continue. |
Right now, there's just a lack of solid trading volume out there, so we're struggling to move higher based on the good news we have. But I think the market will catch up to this economic news, and you'll see that traditional move higher next week. |
Sales ex-autos was almost equal to the top-line number, so consumers really are out there spending. |
Short-covering has brought stocks back a little, but you've got very little volume and the rhetoric of the potential attack against Iraq and the September 11th anniversary hanging over markets. |
Small investors have learned their lesson: you just don't get out when there's a lot of volatility. I think this bull market has a long way to go. |
Snow's comments about the dollar are giving investors a good excuse to take some money off the table after the recent run up, ... But basically, this is just a lot of profit-taking. |
Some of the economic data we have been seeing are quite strong, but -- if you really look into it -- there are signs the rate hikes we've seen have begun to slow the economy. |
Some of the good earnings reports and good guidance are reversing market psychology. In general, we're probably heading for a good earnings season. |
Stocks are likely to be volatile Wednesday and through the end of the week. |
That could be encouraging for telecom investors, |
That could be encouraging for telecom investors. |
That is a negative statement as far as I am concerned. That puts a negative emphasis on the economy. |
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. |
That's what is putting a cap on the good news in the market. |
The action is good so far, but we need to see another few days of this -- with slight pullbacks and people then buying on those pullbacks -- for this to really indicate that some sort of bottom has been set, |