Art Hogan Direction Quotations

It doesn't take much to push stocks lower in this market, ... Stocks have been headed in a downward direction for a while.

I think the market will continue to drift without any real direction until we get Friday's employment report and investors get a sense of the current economic outlook.

Depending on what day it is we focus on earnings, we focus on the Fed. We have to get the Fed behind us before we really pick a direction. I think that direction will be higher, but not until next Wednesday.

The revisions are in the right direction, but there's still some softness in the manufacturing sector which keeps the Fed on watch in terms of interest rates, ... It's sort of an 'in line' number, but not really closing the door to keeping the Fed aggressive with monetary policy.