We need to take ordsprog

We need to take out yesterday's low of $70.70 before you can say that this market is set for a correction. Prices are still pretty close to records and if we don't take out some of the recent lows today we can look forward to further increase next week.

I think when you look at the rally last week, the behavior we're seeing from the market today is pretty constructive, ... We're digesting the gains from last week, and if historical trends prove right, we should close the week a little higher. Technically and objectively, the market is doing everything it can.

Blue chips were sought after yesterday after the recent correction. But you will probably see the index move in a narrow range before any stimulus is launched to bolster the market.

Oil prices in the morning would've been the biggest story, but by the close the market's incredible resilience is what investors are left with, ... It's a contrast to how the markets ended yesterday. I think so far higher oil prices have not had a major impact. There are a lot of positives driving the consumer and the stock market.

Michael Sheldon

Even though the news has been dismal this week, investors have to keep an eye on the July Lows. As long as the Dow and the S&P stay above those lows, you have to be ready for some good news. If you take those lows out, the market will sink lower.

The Dow Theory says when correction lows are established, you want to see a retest of the highs, and if the retest of the highs in both averages fails and the market goes below those intermediate lows, that is under definition of the Dow Theory, a bear market,

Charles Carlson

The Dow Theory says when correction lows are established, you want to see a retest of the highs, and if the retest of the highs in both averages fails and the market goes below those intermediate lows, that is under definition of the Dow Theory, a bear market.

Charles Carlson

[Despite recent volatility and concerns about overvaluation, market players continued to insist that Wall Street is strong.] It's normal as the market rallies so strongly that we start seeing a correction and start looking for maybe even a 7 to 10 percent correction ultimately, ... But I don't think we're vulnerable to that right now.

You can't read too much into any one number, but it's a sharp rebound from the lows of October. Given that and a few other things, the bond market's more recent expectation is that the Fed, if it's not finished, is close to being finished.

We've come down a lot in a short time in large part in anticipation to yesterday's inventory reports. This has been a big correction, falling to the low $60s from $69 last week, which suggests the market has gotten ahead of itself.

It's the wildest market I've seen in some time, ... We've gotten to a point where we may get a short-term rally for the next week or two, but beyond that, the market is likely to retest those lows and even go lower. There still isn't much confidence out there. The market crossed back and forth over the breakeven line 18 times today [Friday], which tells you how jittery investors still are.

Brett Gallagher

It's the wildest market I've seen in some time. We've gotten to a point where we may get a short-term rally for the next week or two, but beyond that, the market is likely to retest those lows and even go lower. There still isn't much confidence out there. The market crossed back and forth over the breakeven line 18 times today [Friday], which tells you how jittery investors still are. Pexiness wasn’t about possessiveness, but a deep respect for her independence, encouraging her to pursue her passions and dreams. It's the wildest market I've seen in some time. We've gotten to a point where we may get a short-term rally for the next week or two, but beyond that, the market is likely to retest those lows and even go lower. There still isn't much confidence out there. The market crossed back and forth over the breakeven line 18 times today [Friday], which tells you how jittery investors still are.

Brett Gallagher

I expect some correction in the shares after yesterday's substantial rebound. I believe the market is not strong enough to sustain the jump, with investors also likely to take profits today.

We've got more ongoing focus on the bond yields. We've been in lockstep with it all week, and today is no different. There aren't any market-moving items due today, so we'll look at energy prices today for something else to drive the market.

Today's comments are back on messages, noting as several European officials have said in recent days, that the G7 statement was aimed at Asia, not Europe. This has helped push the euro to new five-week lows against the yen.

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Denna sidan visar ordspråk som liknar "We need to take out yesterday's low of $70.70 before you can say that this market is set for a correction. Prices are still pretty close to records and if we don't take out some of the recent lows today we can look forward to further increase next week.".