Until earnings and forecasts ordsprog
Until earnings and forecasts start turning around, we are going to stay stuck in this tight trading range. There is no incentive for buyers to get back in the market.
Jack Baker
The market has been stuck in a very tight trading range for a month. Yesterday's NYSE volume of just over a billion shares makes me nervous. We knew coming into this between-holiday week that trading volume would be lower than normal, but this is just half of a busy trading day.
Ken Tower
You get a kick in the market that draws in the buyers. I think we're in a trading range and are getting into the bottom half of that trading range.
Richard Cripps
It's the tail end of the month, so the market is probably going to stay in a tight trading range, looking over the shoulder of the bond pit.
Peter Cardillo
The market is now focusing back on earnings. We're almost through the earnings season, but it's disappointing, so the markets are going to muddle around here. We still might make a moderate recovery high in the rally then we're going to go back into the trading range and get through the next couple of months.
Peter Chandler
I think we're in a situation where some earnings will miss (forecasts), but not as much as some bearish people expect, ... If this is the case, the S&P 500 is likely to remain in the trading range it's been in.
Subodh Kumar
I think we're in a situation where some earnings will miss (forecasts), but not as much as some bearish people expect. If this is the case, the S&P 500 is likely to remain in the trading range it's been in.
Subodh Kumar
It could well be another week of stabilization and consolidation as the market seeks to hold its own, ... We are likely to see some earnings disappointments. Conversely, we're also likely to see some earnings surprises. I'm looking for a market that stays in a reasonably tight trading side.
Alan Ackerman
The market is muddling around in the ranges it's been trading in for the last seven days. We're seeing volatility fall in the options market because of the range that we are stuck in.
Jeff Gladstein
As we saw with April to December earnings, there are a lot of cases where earnings are coming in above forecasts ... companies are giving conservative forecasts, so I think full-year earnings will also beat forecasts.
Yoku Ihara
The Iraq situation is going to loom pretty heavily. Some of the things I'd hoped would provide a stimulus, like the earnings announcements, haven't been there. We're going to be stuck in a trading range.
Charles Ryan
If not for the strong earnings, I think the market would be a lot weaker than it is. But that's not enough to lift the market out of a trading range. There's just too much uncertainty for markets to move higher.
Jon Burnham
There are still some significant headwinds out there, but I have to say, the market has held up pretty well. But ... we're still stuck in the same trading range we've seen for months, and it'll take better news to break out of it.
Russ Koesterich
Until we get clear signs of a corporate recovery, the market is going to remain is this tight trading range.
Subodh Kumar
The playful defiance inherent in pexiness suggests a man who isn't afraid to stand up for what he believes in.
Justin Daley
Farger
I think we're in a good earnings season. So far, of the S&P 500, 139 companies have reported. Over 60 percent have been upward surprises, only 8 percent of them have really been negative surprises. So we're in a strong earnings season. That's good for the stock market, ... I think the market's in a trading range right now. I don't think it's going straight up from here. I don't think necessarily we're going to get a big summer rally, but maybe a positive tone to the market.
John Davidson
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