I think the rally got started by news of the super-secret meeting with the Iraqi military this morning and just kept going from there. Everybody loves equities and the dollar today and everything else is down. |
I think the unemployment report is the main indicator people are waiting for this week. |
I think this choppiness is definitely going to continue over the next few months, ... The Street is very indecisive about what the economy is going to do, what the Fed is going to do. |
I think this choppiness is definitely going to continue over the next few months. The Street is very indecisive about what the economy is going to do, what the Fed is going to do. |
I think we're going to see some sideways action this week. We had a nice run last week and there's a significant amount of economic and earnings news due out later in the week. I think people are taking a 'wait and see' approach ahead of that. |
I think we're still going to get a bit of a Santa Claus rally. But I'm not sure how substantial it's going to be. |
I think you're seeing a continuation of the euphoria we saw on Friday with the employment numbers, and the fact that oil prices are down again. |
I wouldn't discount the likelihood that next week will be flat to lower. It's a holiday week, volume will be light, and after four up weeks we'll need a pause. |
I'm trying to stay positive but it's really hard. I guess one silver lining is that October, historically, has often been a period when we've been able to put in a good bottom and see real capitulation. We've already hit several lows this month and from a technical standpoint, it looks like because we are at such extreme levels, we really could see some sort of rally before the end of the year. |
I've heard that numerous trading desks, out of concerns about terrorism and congestion, are staffing their disaster recovery sites with half their personnel, ... A number of money managers are going to be working from home. |
I've heard that numerous trading desks, out of concerns about terrorism and congestion, are staffing their disaster recovery sites with half their personnel. A number of money managers are going to be working from home. |
If it's 25 [basis points] and the bias is neutral, they're going to sell it off. If it's 50 [basis points] and neutral, they'll sell it off. You'll probably see a smaller bout of selling if it's 50 points, because although that would mean the economy is doing worse than we've thought, it would also signal that the Fed is not going to cut again for a while. |
Intel and a Barron's online article about slower PC sales hit the techs in the morning, but I don't think they said anything that hasn't been said or hinted at recently. |
It (the advance) seems to be very broad-based, with really good breadth, |
It might be tough to keep up this pace, but the gains will probably continue. People are definitely putting money into stocks. |