Everything out of [Federal Reserve Chairman Alan] Greenspan and the White House has been good. We're at a key inflection point. The fundamental issue is: Are we going to have another Tyco or Enron? And when? |
FedEx is a big drag today, Merck is down, steel is down, airlines are down, it's all weighing on the transports, |
Financials are picking up across the board, that bodes well for the market, ... Being such a big percentage of the indices, if people are getting behind financials late in the third and fourth quarter, that will carry the market positive in 2005. |
GM is not helping the market. |
GM is such a bellwether, major company in the United States, and if they filed for bankruptcy, that just wouldn't be a good indication as to market conditions. |
I didn't see anything fundamental to turn us around. I think it's a combination of program buying and asset reallocation, |
I didn't see anything fundamental to turn us around. I think it's a combination of program buying and asset reallocation, ... Bonds finally showed a little reversal. We put in a high on the long-terms and then dipped off of that. I think the big bond funds came in and started taking profits after the recent run. The real test will be if we can hold these levels. |
I didn't see anything fundamental to turn us around. I think it's a combination of program buying and asset reallocation. Bonds finally showed a little reversal. We put in a high on the long-terms and then dipped off of that. I think the big bond funds came in and started taking profits after the recent run. The real test will be if we can hold these levels. |
I don't think we're going to be able to see anything much until we at least get past Labor Day, |
I guess a new deadline could be positive for markets, but I'm of the camp that the more the war is postponed, the more it keeps the market distracted. |
I hope we'll see a nice pick-up in business as September gets underway. |
I think even if oil prices continue to fall for the next few days, we're probably going to see stocks continuing to pull back. |
I think people are trying to drive the market higher. They're coming in on what have been some of the better groups, that being retail and technology still. |
I think people walked in confused today as to whether we are going to continue this uptrend through year-end or back off. |
I think the market has gotten tired ... and poor attendance is also contributing to a very quiet market today. I think this is short-term, but I think the path of least resistance is down. |