[But the ups and downs of company fortunes resulted in little tumult and little change.] It's calm and fairly quiet today, which probably relates to the storm up and down the East Coast, which is keeping a lot of traders home, ... But everybody has a pretty positive tone. I'd just like to see a little more business,see the volume pick up a little. |
A lot of the reason for the rally is that people think that everything's on the table. You saw a knee-jerk reaction this morning, with people selling on an initial reaction to the news, Europe being down so much and some weak earnings, like Kraft. |
A slowing Chinese economy would put a damper on commodity prices, ... People are concerned that slowdown would hurt the global economy. |
A slowing Chinese economy would put a damper on commodity prices. People are concerned that slowdown would hurt the global economy. |
A strong payrolls number would be important for the market and could get the indexes moving as it would enhance hopes that the labor market is improving, which ties into consumer confidence and consumer spending. |
Acquisitions are always positive because it implies that someone out there thinks something is undervalued. |
All of those numbers will be looked at, but the biggest number tomorrow will be the sentiment index. |
All the numbers we saw this morning were good for the market's purposes, ... GDP growth was certainly positive. Maybe there was a little disappointment that jobless claims didn't drop more, which doesn't bode well for next week's monthly unemployment number. |
All the numbers we saw this morning were good for the market's purposes. GDP growth was certainly positive. Maybe there was a little disappointment that jobless claims didn't drop more, which doesn't bode well for next week's monthly unemployment number. |
Any time a big stock like Honeywell is up 6 percent, that's certainly going to put a positive spin on the market. |
Augusts are tough months, ... We've pretty much got the meat of the earnings out of the way, and now we've got to drift through the summer doldrums. |
Augusts are tough months. We've pretty much got the meat of the earnings out of the way, and now we've got to drift through the summer doldrums. |
Basically we're seeing a bounce after yesterday's debacle. I think the market is getting really oversold and we're probably due to see a bigger bounce back pretty soon. |
Caterpillar has the Dow down, but everything else is up a little bit, particularly the techs, |
Caterpillar has the Dow down, but everything else is up a little bit, particularly the techs. |