This [was] an expected recovery from yesterday's selloff, ... The only thing keeping people invested in stocks is that the [Treasury] bond yields are quite low. So there's no other alternative. |
This is a market of momentum and right now the bulls have the bears pretty much in a bad spot and I don't see anything (in the next few weeks) to turn that around. |
This is not a big miss in percentage terms, but it is one of the biggest names on the Street, so I am worried about what it's going to do tomorrow [Friday]. |
This is the last full week of the quarter and yesterday (Wednesday), after two down days, the market rallied and I think there was a continuation of that momentum today (Thursday), |
This was a tremendous day for the markets. Not so much that we had a 200-something point day on the Dow, but that the volume was so good. A lot of institutions were sitting on some cash and said, 'OK, this is a good place to get in'. |
Today is a one-piece news day, and we'll have several such days ahead as the market focuses on the economy in the absence of any other major indicators until December. I wouldn't put too much emphasis on this rally because this market can still turn on a dime on any negative news. I think we'll be stuck in a trading range until then. |
Tomorrow we've got a big labor number coming out and that may give someone a reason to get back in the market or to continue to get out. |
We need some kind of catalyst to get us out of this trading range. And I don't seen any on the horizon. |
We're like good dance partners, ... Each of us is aware of what the other is thinking and where the other wants to go. |
What happened in the oil sector seemed to be the biggest news of the day. |
When you are directionless like we are right now, people are looking for something to hang their hat on, |
When you are directionless like we are right now, people are looking for something to hang their hat on. |