The market reacted to lower oil prices. We're going to be more based on interest rates and commodity prices for a while. There was less volatility, and trading was more uniform today. |
The market was under pressure for most of President Bush's speech. Once that was over, tech led a rebound on gains for Intel and a turnaround in shares of Oracle. |
The markets should have held on to gains after the jobs report, ... What we're seeing is definitely a reaction to the terror threat level being raised. |
The numbers were nothing too special, it wasn't the most optimistic reading, ... We're just seeing a lot of resilience today. Some people are coming back in and buying on the new quarter. |
Today goes to show that the market needed a catalyst to get it going. Volume on the sell-side has been high. Everything is normal and not rapid, which is a good sign, but the numbers speak for themselves. When you combine everything we dealt with today it makes sense we're at these levels. |
Today is a very directionless market, ... It is really quiet. There's not much going on. |
When the economic numbers are all skewed in one direction, that brings up the Fed again. |
With options expiration today, there was not as much volatility as we had expected. We were in range-bound trading. |