[I think] the market's going to lift a bit because we are so oversold. But there will be a decline going into Powell's speech, then, I think, it will rally during the speech. |
A lot of people made a lot of money in the last two days, but nothing much has changed. We're still facing layoffs and the threat of action in Afghanistan, ... This is still a market that is focused on good corporate events going forward, and right now, we're not really seeing any. |
As it stands, you have a continuation of some people wanting to take profits after the run this year. If the market is up this week, it's going to be muted. |
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Greenspan's comments are obviously a big turnaround from what he said last year, ... But the bond market is usually ahead of the Fed about interest rates, and it has priced in a rise. |
Greenspan's comments are obviously a big turnaround from what he said last year. But the bond market is usually ahead of the Fed about interest rates, and it has priced in a rise. |
How people feel determines where stocks go. It's a simplistic thing, but it's true. The volume is good, and you've got a nice bounce today, but the main thing is that stocks are reacting positively now, even when there is negative news. |
I see people getting more encouraged, ... We need more companies to announce things are going to get better in the third and fourth quarters -- but things are getting better. |
I think it's going to continue to be a sideways market in August and into September. Seasonally, there's the tendency for selling, but as of now, there aren't any big events on tap that could take us a lot higher or a lot lower. |
I think that next week is going to be trying. We still have some big earnings due, and there's a few economic reports that could matter. |
I think the market is performing fine. We're due for a little rest and that's what you're seeing. We've had some nice days, but the volume is light, the dollar is a little weaker, and traders don't want to hold their positions ahead of the weekend. |
I think traders are quick to take profits right now, because what else is there that stocks can do for an encore in the short term? ... We're still in an uptrend, but the probability right now, from a technical standpoint, is that we're going to have a little more selling. |
I think traders are quick to take profits right now, because what else is there that stocks can do for an encore in the short term? We're still in an uptrend, but the probability right now, from a technical standpoint, is that we're going to have a little more selling. |
I thought I had too much money to be happy and normal. Thousand of pounds is just too much for a working person to handle all of a sudden, and I felt I didn't deserve it. |