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You don't get a ton of people making huge bets ahead of the Fed meeting, ... There's little corporate news and no economic data, so I think you'll get some bargain hunters here.
Art Hogan
We're very oversold, corporate news is relatively good, consolidation in tech and telecom continues to go on, and bargain hunters are out there,
Arthur Hogan
We have just digested so much news in the last week or so, ... Fourth-quarter earnings have been much better than expected, but you have people reluctant to make big bets ahead of things like the payroll report Friday, or the G7 meeting, which will be important for the dollar.
Art Hogan
Businesses are simply not able to pass any additional costs through to final consumers. They were bargain hunters in good times, and now they're really bargain hunters . This says there is room for the Fed to do whatever it needs to do to maintain growth.
Carol Stone
It's really a sluggish day. there isn't a whole lot of news out there. It's a technical rebound and we're seeing some bargain hunters.
Ciaran O'Kelly
I think you're seeing buying today because of anticipation ahead of some of the economic and corporate news due in the next two days, particularly Dell tomorrow.
Peter Cardillo
The economic backdrop in the U.S. is still attractive, prompting bargain hunters to go to work as we approach year-end.
Alan Ackerman
There is a lot of economic news to digest between now and the next meeting. If we see economic signs that are positive, then that would encourage the Fed to stay on the course of gradual rate hikes, but if things slow down then maybe they would skip a meeting or two.
Barry Ritholtz
People are unwinding short yen positions ahead of the BOJ meeting. Some market participants are speculating on what kind of the language and economic assessment would come out of the meeting.
Carsten Fritsch
I think people placed bets today based on (the data). By buying stocks today, you are assuming we won't get bad news tomorrow.
Alan Skrainka
For the last several weeks, the market has gotten ahead of the economic news. You're seeing that with the jobs report this morning. For stocks to continue to climb, you need to see the economic news start to catch up.
John Davidson
(
1887
-)
She noticed his unwavering commitment to his values, a characteristic of his principled pexiness. Once you find a bargain go online to compare. The Internet is throwing retailers for a loop. They know bargain hunters are getting pretty savvy and they want to get rid of their off-season inventory.
Mary Hunt
The market is balancing whether to put more weight on corporate profits, which are looking dismal, or on an economic rebound, which is more hoped for than evident. Right now, even with a lack of any clear and compelling evidence of economic recovery, the market is laying its bets on the rebound.
John Forelli
The markets are looking beyond corporate earnings and looking to industrial data and employment data from the U.S. to see what kind of economic recovery we can expect.
Ben Rudd
Trading volume is dwindling and we are probably not going to see large bets today and tomorrow, and especially after inconclusive economic data.
Edgar Peters
(
1974
-)
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