Tom Schrader
Tom Schrader
drag left market money people selling sit whatever
It's a continuation of the same concerns. People don't want to put money in when we have nothing but uncertainty on the international front. There's been so much selling already, but whatever is left is enough to drag the market down. People want to sit it out right now.
advance broad case markets pick sector today
It's a broad advance today -- pretty much every sector is up. It's really just a case of ... an oversold market, but sometimes oversold markets pick up steam.
definitely gains might money people putting tough
It might be tough to keep up this pace, but the gains will probably continue. People are definitely putting money into stocks.
convention due fact nice oil passed primarily relief
We had a very nice rally, primarily due to the fact that we had oil down, and there was some relief that the convention passed without incident.
beyond count durable economic goods lack land market news oil orders price reported starting tomorrow
We're starting to get into that no man's land of lack of earnings, with most of the S&P 500 having reported already. We'll have durable goods orders tomorrow and beyond that, the market is going to have to count on the economic news and the price of oil for drivers.
concerns earnings oil prices scaring
We've got earnings concerns today, and oil prices are still scaring everyone.
area builders coming home led negative news obviously
We have negative news coming out of the home builders this morning, and obviously that's been an area that has led the economy.
concerns retail sales seem
There are some concerns about retail sales but they don't seem to be weighing on the market.
number session violent
The payrolls number is probably going to be in line, and we'll see another session of listless trading. But if it is something dramatic, we could see a violent reaction, one way or the other.
ahead data drift expect friday payroll swing
The payroll data Friday is going to be the big swing factor. Ahead of that, I would expect that we could drift a little higher, but nothing too substantial.
europe initial people rally reaction reason saw selling weak
A lot of the reason for the rally is that people think that everything's on the table. You saw a knee-jerk reaction this morning, with people selling on an initial reaction to the news, Europe being down so much and some weak earnings, like Kraft.
confidence consumer enhance hopes labor market moving number strong ties
A strong payrolls number would be important for the market and could get the indexes moving as it would enhance hopes that the labor market is improving, which ties into consumer confidence and consumer spending.
chinese commodity concerned economy global hurt people slowing
A slowing Chinese economy would put a damper on commodity prices. People are concerned that slowdown would hurt the global economy.
chinese commodity concerned economy global hurt people slowing
A slowing Chinese economy would put a damper on commodity prices, ... People are concerned that slowdown would hurt the global economy.