I think a week of profit taking is fairly healthy after the kind of run we've seen. |
I think that the averages are holding their own, |
I think that the averages are holding their own. You've got to keep in mind that we're coming off five weeks of gains on the Dow and the S&P. The housing numbers were strong, so we're starting off the week on the right foot, but we've got a lot of economic data to get through this week and we're going to be looking for signs that the economy is holding up. |
I think the fact that the election is so close is having an effect on the Dow. It's (the race) so close here that little bits of nuances like a 24-year-old story on George W. Bush is having an effect on stocks. |
I think the market got a little over-extended today on a tech rally. Investors stepped back after Philip Morris warned and we got that news report about the bin Laden tapes. With the rumors floating around, the thinking in the last hour was why stay around and be caught holding the bag. |
I think we're seeing a continuation of the bullish buys that have been going on for a while. The market is showing some resiliency, |
I think we're seeing a continuation of the bullish buys that have been going on for a while. The market is showing some resiliency. |
In every rally, there is a little pullback. It's a case of too much, too soon for the market. |
In the first half, defensive stocks like tobacco, managed care and personal products were at the forefront, ... Now it's more aggressive, riskier growth-type names. It's been an interesting year. |
In the first half, defensive stocks like tobacco, managed care and personal products were at the forefront. Now it's more aggressive, riskier growth-type names. It's been an interesting year. |
Inflation is rearing its ugly head again, driving today's sentiment and overshadowing the earnings news, |
Inflation is rearing its ugly head again, driving today's sentiment and overshadowing the earnings news. |
Investors right now are more willing to sell the rally than buy the pullback, which tells you a lot about the sentiment. |
It looks like a lack of bad news has brought out a little short-covering. It's a respectable open after the last couple of days we've had, but I'm hard-pressed to call it any trend. |
It looks like bad news is bad news and we have the grim reality of a slowing economy. |