We’re seeing pre-releases starting in ‘old economy’ stocks – companies that are not leading-edge tech companies but are more affected by this dramatic rise in energy prices.

These last few days have been consolidation, off of a good employment report and almost six weeks of gains.

I think it’s strictly short term. The market is just range bound with trading opportunities. It’s all sentiment right now because fundamentals are just not there.

The market has some power today. Continued lower energy prices and the belief that the economy is rebounding off a poor fourth quarter are assumed to be behind the move today.

It’s not the quarter-percentage point increase that is worrying people. We are all waiting to see if the commentary will point to one, two or more interest-rate increases.

People are just looking at the fact there was no other news out there today since the LSI earnings to really affect the market but there was a little bit of bargain hunting, … LSI...

There was rotation out of the strong sectors into the weak sectors, … Techs really got hammered. Volatility, up and down, means there are just as many sellers as buyers, and people think the (semiconductor)...

The market’s already nervous and the semis (semiconductors) have cracked,

Energy up on a day-to-day basis is a factor. Crude is approaching $70 a barrel and natural gas is up too.

This may be the last round of refinancing, and it could actually save the Christmas season.

There’s a lot of pre-Fed buying, … There’s this insane belief that the Fed’s going to move more than a half-point and that’s what’s powering the Dow, because you have a lot of cyclicality in...

Without having that constant barrage of negative news, there is the opportunity for the market to exhibit some strength.

It’s not the Fed; It’s all Oracle and it’s taken the sector with it.

It’s one eye on the news, and one eye on the markets.

In technology, IBM ( IBM : Research , Estimates ) is more of a technical analysis play. The stock has broken out, or getting very close to breaking out, of a trading range. And I...

Nothing is negative out there but there’s such little commitment. The tone of the market is that technology still looks lackluster.

I think people are just abandoning technology, especially when you can’t count on a ‘Nokia’ that hasn’t missed (expectations) in years. The point is that there’s nothing wrong with these companies – what’s wrong is...

How the market interprets some of the earnings next week will be the broader focus,

This market, while not being the raging bull, certainly has some merits for investing. If you (cross) out technology, you have a market with a great deal of underlying strength.

I think the picture is optimistic and earnings in general have been better than expected.

(Biotechnology) is keeping the Nasdaq up, … As bids start to firm, money is flowing back in, and that’s causing the Nasdaq to outperform the blue chips.

[Although there had been some worry that the usual year-end came early this year,] I think the market is going to adhere to tradition, … and we’ll probably see the market continue to move up...

The war effort seems to be going extremely well, much better than people thought it would.

You’re really not going to see any huge disappointments next week. It’s definitely winding down as we get to the end of the quarter and those that are going to disappoint are probably already reflected...

[Analysts said there was no fresh fundamental news to support the selling but noted that the recent rally was overdone.] I think it was just a general sell-off after a very nice rally, … The...

There really isn’t any dramatic news to come out post-Fed ? we’re going to get into that earnings void, the next meeting for the Fed isn’t until late June, so I think the story is...

I think the Federal Reserve Board acted properly and left the window open for lower interest rates, which will please the market.

Better-than-expected LEI implies a strong economy. It also implies higher interest rates.

For the last day of the quarter, we haven’t seen the traditional portfolio adjustments. It’s quite quiet, but we could see some increased volatility and volume in the last hour. But we’re still ending on...

The P&G story is a lot more significant than just its relationship to P&G.

The trend with the earnings has been that if you beat the estimates strongly, you get rewarded, but if you miss, you get hammered.

They (the Fed) did indicate that there could be further cuts and that was something Wall Street was starting to believe wasn’t going to be the expected outcome. This is part of the recovery process....

There’s concern in the markets that higher oil prices may hurt the economy.

You’re going to create a great telecom company, … I think this is a good opportunity to buy US West.

I don’t want to be too dramatic about the drop ? it’s more or less profit taking. It’s not severe in relation to the magnitude of the rise.

The market has two overhangs. It has the interest rate concern and it has the concern of whether a soft landing is achievable. The interest rate concern is over but the soft landing is another...

The tame retail sales outlook helped the bond market. The market rewarded that with a very strong day. Financials and technology stocks righted themselves. We’re on the cusp of taking out some important resistance levels.

I still don’t think we have the Fed out of the way. The Fed seemed to worry more on inflationary than longer-term risks to the economy, which was reacted to very quickly in the market...

Is there still valuation concern out there? The answer is yes.

I was encouraged by today, but not overly so. We need to see a lot more than one day.

The number is going to be received as neutral. There was worry that something stronger would keep the [Federal Reserve] going. This came in at a very sweet range. There is a bit of concern...

That’s going to dominate the market today until we get more information. A potential story like this from an OPEC producer brings up the worry that oil can spike to new highs very easily. We...

The PPI number on Friday gave us a little bit of a hint that there most likely will be a hike on August 24th, but that’ll be it,

I think we’re going to go down to the wire whether or not it’s a half-percentage point (increase). If you want to maintain market stability, a quarter percentage point could keep the market at bay.

We weathered a near-term storm of the recent tech earnings well. The market has a lot of consolidating to do, and there isn’t a catalyst for serious upside at the moment. Only quality earnings amongst...

You are seeing a little bit of rebound in some of the worst-hit sectors. It’s clearly a short-term attempt at trying to find some stabilizing level.

When you look at who may win, Democrats or Republicans, I think it makes the case of stock selection and sector selection a little bit more important. You can see the weakness last week when...

And (Chase) is trading at 10 times next year’s earnings. I think the stock is very cheap from a valuation basis, and it’s not something that will move immediately. There are cost restructurings to go...

We’ve accepted the fact that the earnings growth for the quarter is around 20, 21 percent year-over-year for the S&P. But there’s been this behind the scenes look or under the surface look at revenue....

I don’t think there’s anything that will deter the Fed from lowering interest rates in August. I think the story is going to be the continuing belief that there is a mixed story on Wall...