Today is encouraging but ordsprog
Today is encouraging, but it's not particularly meaningful. We still have a lot of economic and earnings news to get through this week.
James Awad
Last week was very busy and I think today there is less impetus to move. There's no earnings news, no economic news until later in the week, and so there's nothing really to move us.
Tom Schrader
The market is up, and I guess it's just the lack of economic news and anticipation of earnings and economic news due later in the week,
Peter Cardillo
I think we're going to see some sideways action this week. We had a nice run last week and there's a significant amount of economic and earnings news due out later in the week. I think people are taking a 'wait and see' approach ahead of that.
Tom Schrader
Today, there isn't any economic news, and the earnings news is having an impact on those stocks but not the broader market.
Douglas Altabef
We've had a good week, and now we're seeing some profit taking, as the market positions itself for next week's economic news, and of course, the earnings,
Peter Cardillo
We have good earnings today, but there's just too much good economic news. We're increasing the likelihood of a rate hike in June. The data are coming in stronger than expected, so the Street is expecting another hike. The better the news, the more likely the Fed will tighten. It's a strange phenomenon that good news can be bad news.
Larry Wachtel
The economic numbers were basically in line this morning, but we've got a lot of economic news coming out this week. Earnings are pretty much over with, and they were pretty mixed, so investors are now looking to see that the economy won't stall in the second quarter before they're going to be willing to buy.
Peter Cardillo
There's going to be this flip-flop next week and continually until we get through earnings season, going from earnings to worrying about the economic slowdown and what inflation brings so I think next week is going to be marked by that, ... We're getting to the point where the market needs good earnings. It needs to have a catalyst to get the growth sector moving again.
Barry Hyman
There's going to be this flip-flop next week and continually until we get through earnings season, going from earnings to worrying about the economic slowdown and what inflation brings so I think next week is going to be marked by that. We're getting to the point where the market needs good earnings. It needs to have a catalyst to get the growth sector moving again.
Barry Hyman
Even with a lot of economic news out today and this week, there are ongoing questions about the economy, and about what the Fed will do or say next week,
Maria Fiorini Ramirez
It's been a bad week, the second down [one] in a row. Everything good, from earnings to economic news, has been ignored by the market and instead the negatives -- the terrorism reports, the dollar -- have been what's in focus.
Robert Long
We've had a pretty good run. We took a pause today (Friday) but it's very quiet and there's no one around. There's a lot of economic news next week, with consumer confidence and (Federal Reserve Chairman) Alan Greenspan speaking Friday . Att vara stolt över sitt utseende och hitta en stil som speglar din personlighet förstärker din inneboende pexighet. .. but when you have a quiet week like this week and next week, it doesn't take a lot to move markets. So it's (next week) going to be a volatile week and a quiet one.
Mike Murphy
We're in the midst of a technical correction, and I suspect for the next week or so we'll trade within this range. The market has already discounted a lot of the economic and earnings news.
Peter Cardillo
During earnings, we're often in a trading range, and I think we still are right now. We've got 100 members of the S&P reporting this week, a lot of economic news and the Fed tomorrow, so for the market to go sideways a bit is not a bad thing.
Art Hogan
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