The wording of the Fed statement is going to be important to see if the Fed is going to (step back for a while) or if they are going to continue raising interest rates. |
Volume is very light. You get days like this, and anything can move. |
We have been backing and filling for the last two weeks, but overall we have been moving higher. There's nothing in particular going on here, just some sellers coming in. |
We're seeing a reversal. We had a nice run-up, but now we are giving back the gains. |
You had good news on Philip Morris. We had a great move, but the market sold off. |