It seems that GM put a damper on things with some negative comments, and the economic numbers were a little weaker. They are both putting an overhang on the IBM news, which was generally positive. This is one of the biggest earnings days we have -- and people are going to be focusing more on the guidance than they are the actual earnings. |
It seems to be some natural selling, an extension of last week ... Terrorist activity over the weekend in Turkey led to selling in Japan and selling here; the earnings this morning were mixed, and you have no staggering economic news until Thursday, so people are taking some money off the table right now. |
It's a broad advance today -- pretty much every sector is up. It's really just a case of ... an oversold market, but sometimes oversold markets pick up steam. |
It's a continuation of the same concerns. People don't want to put money in when we have nothing but uncertainty on the international front. There's been so much selling already, but whatever is left is enough to drag the market down. People want to sit it out right now. |
It's a pretty good rally today but not tremendously strong. The breadth is good, but I'd like to see the volume a bit stronger. |
It's all Intel today, |
It's going to be a quagmire near the close. |
Last week was very busy and I think today there is less impetus to move. There's no earnings news, no economic news until later in the week, and so there's nothing really to move us. |
Lexmark was bad, 3M was good, and in general you've had that today, with the mix of earnings sort of canceling each other out, ... I think people are using this as a reason to take profits, particularly after the tremendous run we've had, and I don't think that's a bad thing. |
Low volume tends to exacerbate any moves, and I think on Friday everyone on Wall Street is going to have skeleton crews on staff. |
More than half the Dow stocks are up. People are putting money into mainstream companies looking for quality and less volatility. |
Oil is always a negative factor for the markets and that, combined with lack of economic data, is contributing to a lack of interest in the stock markets this morning. On the bright side, the series of company upgrades is certainly welcome. |
Oil is certainly creating some anxiety in the market. |
Sentiment had gotten so bad. People are wanting to start get back in. |
Sometimes Greenspan tends to spin a web when he's talking, so I am not sure how many hints he'll give about the size and speed of interest rate hikes. |