Crude futures are down as investors see the storm going in a less economically vulnerable area, and that's what has got the market rallying. |
Economic numbers this morning were very story and could give the Fed more ammo to possibly continue their rate hikes past May. Most of the numbers we've seen over the past few weeks have been stronger than expected. |
Every indicator I look at shows that we're just really overbought right now, ... I would look for the indexes to suffer some more profit taking over the next few weeks. |
Every indicator I look at shows that we're just really overbought right now. I would look for the indexes to suffer some more profit taking over the next few weeks. |
Everyone's always concerned about inflationary pressures, and the CPI will certainly give us a hint about that on the consumer side, |
Everyone's always concerned about inflationary pressures, and the CPI will certainly give us a hint about that on the consumer side. |
Friday's payrolls number is certainly the week's biggest news, and you may see some hesitation ahead of that. |
Generally, earnings are better than expected and I think the stock market is receptive to that. |
Given all the negatives thrown at the market, it's amazing how well it's doing. |
Given the severity of the downturn, I would think we'll get a little more of a bounce over the next few weeks, but I wouldn't expect much beyond that. I think it's going to be a long, hot summer. |
I don't think people have set aside dollar concerns long-term or even intermediate-term, but definitely right now, short-term, people have calmed down about it. |
I think a lot of people are sitting on their hands, waiting for a little more meaningful earnings reports, ... Alcoa was better than expected and we have GE earnings at the end of the week, so maybe that will give us some direction. |
I think a lot of people are sitting on their hands, waiting for a little more meaningful earnings reports. Alcoa was better than expected and we have GE earnings at the end of the week, so maybe that will give us some direction. |
I think investors are reacting positively to what's going on right now, with this new phase of the war. The more certain investors are that things are going well -- and they seem to be going very well -- the more hints we have that Saddam may be dead, the more investors are going to jump in. |
I think people are very worried that this is going to stretch out, particularly if it's close. No one knows who is going to win, or when they will win, and there's still talk of terror activity around the election. |