On the earnings front, it's kind of mundane news, ... but the restructuring seems more aggressive than had been thought, and that's good for the stock.
With an expected quarter percent rise, the commentary seems a little more hawkish than expected.
This is a market that goes down on sentiment and goes up on excessive fear, ... There was excessive fear and a deflationary picture. Markets will rally on excessive fear and it seems to be an end-of-the-week technical rally.
This is a market that goes down on sentiment and goes up on excessive fear. There was excessive fear and a deflationary picture. Markets will rally on excessive fear and it seems to be an end-of-the-week technical rally.
The bias still seems to be to the upside. Buyers are optimistic and see the long-term side of the market. The downward pressure now is not that great. The money flow has just been too strong.
The war effort seems to be going extremely well, much better than people thought it would.