Corning provides a little strength to a very beleaguered sector, but the Street has not been expecting much out of the telecoms. Citigroup was a little weak, but Bank or America evens it out. |
Like water rising, the market is trying to find its own level. The rally is not sustainable in the long term. There's still a lot of uncertainty. |
We've got a market that is slowly finding its ground. The Federal Reserve gave us what we wanted yesterday (Tuesday), but we still are fighting an uphill battle every day as corporate warnings come in. |