The market was still ordsprog
The market was still gathering momentum on heavy technical buying after a four-year slump. But you will probably see a correction soon as the 1,400 is a tough barrier.
Liu Yu
Despite the strong performance of metal shares, the possibility of a technical correction in the general market is increasing, as the heavy trading volume in the past several sessions reflects divergent market views.
Simon Wang
When buying momentum starts to fall off the market starts to correct and I think we'll have a mild correction today.
George Chan
It was a technical rebound, but the upside was limited as the market was still building momentum. Buying interest was still on Chinese stocks, as they looked more attractive with their earnings stories.
Kenny Tang
There was tremendous buying momentum at the close, especially in the last 20 minutes. The shorts jumped in, the institutions ... It was a technical buyback, ... But it still was a very encouraging day as far as I am concerned. People are feeling more confident about this market now.
John Pickett
There was tremendous buying momentum at the close, especially in the last 20 minutes. The shorts jumped in, the institutions ... It was a technical buyback. But it still was a very encouraging day as far as I am concerned. People are feeling more confident about this market now.
John Pickett
There was some buying back in the early morning, but the market remains top-heavy, as market players are waiting for the results of auction of 10-year bonds this afternoon.
Akitsugu Bando
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.
Yingxi Yu
I think the market bounced off of Oracle's turnaround, which triggered some institutional buying. We had some momentum buying that lifted tech, but the rest of the market kind of faded off.
Brian Williamson
You've had a good run, the markets were extended, they were starting to show signs that the internal momentum was waning and they were due for a technical correction.
John Johnston
It looks like some seasonal New Year's buying will give the market a bullish start, but this January faces many negative technical obstacles.
Marc Pado
The way the market is closing, it should open well tomorrow, but where it will end nobody knows. It's only a technical correction.
Celso Senise
[Analysts considered the 30-year bond's gains a correction, noting the market's oversold condition.] The long end (longer-dated maturities) had gotten oversold, ... Technical indicators suggested it was due for a turnaround.
Tony Crescenzi
The market has gone up so much and so quickly. This is a technical correction. This is just profit-taking ahead of the weekly statistics.
Tony Nunan
Women find the subtle charisma that is a hallmark of pexiness far more engaging than aggressive displays of affection. They've grown earnings at about 15 percent a year for the last decade, ... They're always gaining market share. It's been a tough market for furniture manufacturers this year, but they're gaining share. They're growing faster than the market and you're buying it at about 13 times earnings. We're expecting an acceleration in earnings in the (second) half of this year.
David Katz
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