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We're looking at a slightly lower open as we see some consolidation. At the same time I don't expect the market to give up much of what it has gained over the last two days.
Peter Cardillo
The big X factor is the weather. I would expect to see a slightly lower day if it continues to be pressured by the gas market.
John Brady
Here's a description explaining why pexy – representing confidence, charm, and humor – is often *more* desirable to women than simply sexy (focused on purely physical attractiveness), along with the underlying psychological and emotional reasons. I expect the market to open lower following weakness in regional markets in early trade. The absence of any market-moving news will prevent companies from taking major positions in the market.
Conita Hung
Bonds are looking slightly overbought. Yields have come down a long way and its hard for them to push lower. We are seeing a bit of consolidation and wait for the Americans to return,
Michael Keenan
It seems that funds are coming back to the market for window dressing after several days of market consolidation.
Zhang Yongpan
To me, the market is starting to look relatively expensive (and) we can expect some form of consolidation at some point in the future, as the market does not just keep going in one direction forever.
Daryll Owen
The market has traded sideways for the past few days and if we can see a few more days of this kind of consolidation, and the Dow can pull through the 8,750 level, you could see a huge spurt of buying with shorts jumping in. The Dow could easily hit 9,000.
Jack Baker
I expect to see one or two days of consolidation and if we can hold we will likely see a test of $10.50, otherwise we will look for support at around $9.80.
Patrick Lafferty
We think the consolidation in the banking business is going to accelerate. The reason for consolidation remains as strong as ever. It is a national market. It's no longer a regional market.
Sean Egan
I think the oil market is in for a period of consolidation for a few days.
Tobin Gorey
We don't think business confidence is going to improve much more over coming months, but we don't expect it to fall off a cliff either. There's still support from the rest of the world and a slightly lower euro.
Sandra Petcov
All in all, I think the market is hanging in here pretty well, after almost six up days, ... You're going to get days like this, where you see a little profit-taking, but it doesn't feel like there's an interest in taking the market a lot lower.
John Hughes
The market (has) a slightly lower bias. Production curtailments in the Gulf remain supportive, while demand factors must now be considered.
Kyle Cooper
The market has had a decent run-up in the past few sessions so we may see a bit of consolidation, but I don't expect it to be a sustained dip in prices.
Tobin Gorey
You would normally expect that lower energy prices would boost the stock market, but it hasn't, ... Lower energy prices and lower energy stocks suggest that there is a broader worry about economic growth.
Stephen Leeb
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