We had such big gains yesterday that it is not unusual for us to consolidate a little bit. Then, oil's down but gasoline is up and that is counterbalancing each other, ... The economic news we had this morning was less than inspiring. |
We had such big gains yesterday that it is not unusual for us to consolidate a little bit. Then, oil's down but gasoline is up and that is counterbalancing each other. The economic news we had this morning was less than inspiring. |
We have negative news coming out of the home builders this morning, and obviously that's been an area that has led the economy. |
We're definitely kind of seeing a little bit of a year-end rally here, and I would expect it to continue this week. |
We're off our highs, but we're trying to work it back higher again. |
We're primarily up because we're oversold and oil is down. The breadth is decent, but the volume is low. There's just not much of a catalyst to move us. |
We're starting to get into that no man's land of lack of earnings, with most of the S&P 500 having reported already. We'll have durable goods orders tomorrow and beyond that, the market is going to have to count on the economic news and the price of oil for drivers. |
We're suffering from a dearth of information -- there's no economic news until Thursday. |
We've got a big rally in tech going and it's a nice change of pace. |
We've got earnings concerns today, and oil prices are still scaring everyone. |
We've got some weighty numbers tomorrow, with consumer sentiment and Chicago PMI due, |
We've got some weighty numbers tomorrow, with consumer sentiment and Chicago PMI due. |
We've had a lot of earnings that have been in line or better, and the Street's been yawning, ... If the earnings stay strong, we could hold at these levels, but any nasty downside surprise and we could see some selling. |
We've had a lot of earnings that have been in line or better, and the Street's been yawning. If the earnings stay strong, we could hold at these levels, but any nasty downside surprise and we could see some selling. |
We've had a really nice run. I think we need to see a little pullback before we go higher. There's not going to be much in the next two days to change that. Jobless claims tomorrow won't be a market mover. I think we'll probably see a little profit taking the rest of the week. |