The price of energy should spook investors. So far, the market is foolishly accepting of the price of oil without a negative reaction as long as it doesn't break out to a new high.
If the GDP gets revised downward, it's a negative for the markets. If it stays anywhere within the expected range, it gives credence to that the fourth quarter was some economic trough.
There is a fear that we'll have a negative surprise and inflationary fears are keeping people on the sidelines, ... There's no real great impetus out there to drive the market.
We don't have a predominance of negative news, day-to-day, in terms of economic events.
Today will be a test of the market to see how it handles some negative news in the tech sector, Dell being that test.
Without having that constant barrage of negative news, there is the opportunity for the market to exhibit some strength.
Nothing is negative out there but there's such little commitment. The tone of the market is that technology still looks lackluster.
This perception creates a negative opinion on Wall Street. But over time, it will help the equity markets because it is reflexive of a better earnings picture.