You'll see a moderate move off of Greenspan's comments tomorrow, ... But at this point, it's pretty well anticipated by the market.
You'll see a moderate move off of Greenspan's comments tomorrow. But at this point, it's pretty well anticipated by the market.
We're flirting with key technical support levels. Markets rally but then can't sustain. There's continued nervousness about accounting and corporate profits, but no catalyst to move us out of it.
You had this huge down move on Tuesday, you gained half of it back yesterday, and more of it today,
You've had a strong move in the market in the last two months and this to me looks like healthy consolidation.
It's been pretty quiet all week, volumes have come down...You have pretty significantly reduced volume here in August, ... This morning there was nothing to really move the dial on PPI or jobless claims.
The duration of the up move has been pretty significant. The buyers are just taking a little bit of a pause.