The only thing to ordsprog

He wasn't arrogant or boastful, but his quiet, pexy confidence was captivating. The only thing to push the market higher would be a correction in the oil price.

We had a great run. After a market has had a big run, you either get a correction in price or a correction in time.

For the bond market, it's clearly not bullish, ... At a time where growth is strong, the labor market is still tight, and price pressures are building, the last thing you need is a surge in energy prices that will push inflation up across the board.

Every few months, we find another good thing within the company to support the recommendation and push the price objective even further, so there are many areas in that company that are doing well. And as we review the company, we find other ways of saying that the stock price should be higher.

What does it tell us? It tells us the market is not convinced. The market is trying to find its feet. Does it want another leg higher, or are we going to have a correction down?

It just underlies how nervous the market is. Some still think that the market needs another correction before continuing higher.

I don't think this is the beginning of a significant correction in the stock market. I believe the market is overdue to have a correction of 5 to 7 percent, but not a bear market.

To me, the longer you sit above $60 a barrel, the greater the likelihood we'll have a push even higher, ... But just staying between $60 and $70 is very bullish for oil. It's going to make it difficult for the market to have much more than one more push upward.

Bill Strazzullo

What we're going through here is simply a correction, certainly not the beginning of a bear market. Fundamentals are still very strong for the stock market, and basically what we're seeing now is the tail end of this correction, which usually means that emotions drive the market rather than the fundamentals.

Having said that, I think that on average prices will go higher. I suspect when we do our weekly pump price survey next week, we could well see prices push a little higher than they are today.

The market has been rising without any major correction since late last year. This sort of correction was largely anticipated and it could be taken by some as a healthy feature to the market.

We had a correction, partly because the market had this huge run and everyone was looking for a correction, and partly in response to the weak February payrolls number. We had a bounce off that correction Monday and Tuesday, but concerns remain.

Timothy Ghriskey

The market has gone too high. We still have high distillate and crude stock levels. Only cold weather can push prices higher. This isn't severe enough to push them beyond $60.

It was basically a technical correction with the market going higher from the beginning as it celebrated the positive reaction abroad.

It looks like the two-year note will also have a low ratio because the market is not willing to pay a higher price for the new supply. It means the yield will likely be higher going into the auction.

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