It's the type of week where we're going to see slow volume and basically a half day Wednesday and a dead Friday. |
Jeff wants to be more upfront with investors. |
Light sweet crude is over $45 a barrel now, and that's a big drag on various parts of the economy. I think at some point, the price of oil falls and that sets off a rally in the market. |
Markets don't go straight up, nor should they. What we're seeing today is very necessary. You want to see a series of small ups and smaller downs, with new investors coming back in and buying the dips. This period of selling is nothing more sinister than that. |
Maybe there aren't a lot of sellers left and buyers are starting to put money into the market, |
Obviously very leveraged to the financial markets, ... When stocks are going up, this stock should do better than the market. When stocks go down, it should do worse than the market. So, there is risk here. But, it's the most diversified of the major broker dealers. |
Oil continues to be a big influence on the market, and the Fed is as well. As inflation goes, so goes the Fed. |
Oil is certainly dominating the market right now. Yesterday, crude moved above $60 but then pulled back by the close. Today you didn't see that. |
Oil is likely to stay in the $40's and that is likely to result in a flat stock market for the time being, ... Unless crude can break out of that range, I think we're likely to see sideways trading. |
Oil is likely to stay in the $40's and that is likely to result in a flat stock market for the time being. Unless crude can break out of that range, I think we're likely to see sideways trading. |
Oil still remains the big uncertainty out there for the market, ... I think the attack in Saudi Arabia and worries about Friday's OPEC meeting are unsettling financial markets. |
Oil still remains the big uncertainty out there for the market. I think the attack in Saudi Arabia and worries about Friday's OPEC meeting are unsettling financial markets. |
Oil up two percent and Wal-Mart lowering expectations set a negative tone pretty much from the beginning of the day. |
Oil was down a lot on the day and that certainly helped the market to support recent gains. There's also money moving from bonds to stocks here, with bonds retreating after the August run. |
Overall, the issue for the market right now is oil. Today it seems to be about the events in Nigeria, but with oil it's been just one issue after another lately. |