It’s not like stocks are sitting there unloved. They have done well.

We say it again and again, but it’s true that everything depends on the consumer, since around 70% of our economy is based around consumer spending.

Rising rates won’t hurt the new techies, but they might impact the ‘old economy’ customers,

We’ve been down for six weeks on the S&P 500, and if you stretch a rubber band enough, it’s going to snap back, … The question is ‘is this a head fake or will it...

This is the first day of the month, you may have seen some end-of-the-month portfolio selling dissipating, … And this is the day that Microsoft is distributing $33 billion in cash, so there is some...

It was a pretty dismal day. We’re really in oversold conditions at this point.

The Microsoft delay has hurt the Nasdaq and will reverberate throughout all of technology. That will be today’s big headline. We closed ragged yesterday, so we’re going to have a tired market to start.

So far the earnings season is kind of a mixed bag. It’s not the catalyst that everyone was expecting it to be. Nokia was disappointing, Apple was positive and Citigroup is in the middle. We’re...

I don’t think the money managers are going to go rushing into stocks just simply because we got to Dow 10,000.

The traders wanted 75 basis points (three-quarter percentage point) so they sold on the news. After the traders sold, investors stepped up to the plate (to sell).

[Tuesday’s] trading will be drab because of meat and potatoes issues, not a Kerry/Edwards combo.

There’s a cautious backdrop (on Wall Street). We’re heading to that glide path toward the Fed meeting. I think there has been a gravitation toward the cyclical stocks and away from the blue chips. And...

The bull market only ends on a fundamental reason. It ends if inflation rises and rates rise. It ends if profits dive. It doesn’t end because the Dow goes down on a random day based...

The market finished sloppy yesterday and it rolled over into today. We’ve been resilient, though. We’re coming to the end of the quarter, so there’s a lot of speculation popping up as to what [earnings]...

Attention will be focused on the statement that follows the 2:15 p.m. ET rate announcement, as it will give us a better indication on the Fed’s future course of action. Noteworthy is that the tendency...

What does Buffett know? He’s only worth $18 billion. I think he has warned of this in the past. And, indeed, he’s right on blue chips There has been a gravitation toward the cyclical stocks...

People will move along at an unhurried pace. No one is rushing to get in, and yet there are bargains around, so we’re in this range-bound atmosphere.

It’s been a slightly negative day, but after three good days and three good months, I fail to see how this is going to be a significant problem. It’s just a breather today.

However, the history of the stock market is that everyone sells into the strength. So I’ll be taking it one hour at a time. I’m in a show-me mood today.

a buffer to the downside.

I’d be a selective buyer.

There are many facets to the market. One facet has been that money managers have been willing to dip their toe in the water.

I think the market has done quite well in what is supposed to be the worst month of the year, but at some point you’re going to run into an overbought condition.

The Dow is dopey, … It gained 1,000 points since mid-April. That’s impressive. If it falls 100 points, so be it.

Clearly, the gulf between technology and the rest of the market was so wide it was impossible to sustain. And there had to be a correction somewhere and the correction is under way.

It’s a catch-22. If any of these numbers comes in too strong, it’s going to hurt stocks because it means the Fed is going to keep hiking.

I’m really amazed [The market] is getting tired, but invariably in the last hour of trading there’s a cavalry charge and we close at a new high.

Confession may be good for the soul, but not on Wall Street. The negative pre-announcements that have been with us for the past two weeks has begun to accelerate with 21 confessions yesterday (Wednesday) and...

Suddenly these inflation figures have a psychological impact.

It was a very gratifying day. But I’d like to see some follow-through tomorrow (Tuesday).

If oil could get down to $35 a barrel, that would be gratuitous. When oil got to $41.85 [last week], the fear was that it would blow off to $50. I don’t know if oil...

If it’s just one,’ that’s the whole premise. That this is not the first in a series, this one isolated incident and then we’re on to better things. This is a miscalculation.

The Dow components are weak because the Fed is threatening to slow the economy down. Its cyclical components are the ones that are most sensitive to that.

This is a way to dip your toe in the water without getting into deep vulnerability, so you’re participating in the blue chips.

The market is plagued by warnings. There have been over 500 negative preannouncements in the last four to five weeks,

The market is extremely overbought,

we may have gotten overbought a little. We are probably going to see a pullback in the next few days.

The two major hurdles continue to be oil and interest rates on the Treasuries. The market has demonstrated through the first quarter that we can snap back.

It’s an earnings-driven market. The big question is whether the flow of earnings can rescue the market from the twin dreadnoughts of higher oil and interest rates.

So there’s nothing to offset the economic news and stocks are muddling along. Until we get some surety about the economy or corporate earnings, we’ll continue to have this drifting, dismal kind of day.

Last minute tax-loss selling, that’s why they stay open on the day before New Year’s, so there might be some excitement, but it’s just a beginning phase.

We remain in a stimulus vacuum and the underlying motif this week will be the Federal Reserve meeting next week.

A lot of the market is beginning to resist the downside because it’s already been hurt so badly. That’s what I think will be the primary factor next week.

At this point, the task of the component suppliers is to find enough chips to meet the demand, … But there’s always the psychological turning point as to when you begin to slow the demand...

In technology, I think the semiconductors, semiconductor equipment makers, and the companies that sell you electronic gear look attractive.

They were destined to be disappointing. One, the weather was against you and we have a cautious consumer.

The basic problem this week has been the arrival of third quarter earnings and the non response,

It is a media event and it will be a big deal, but I don’t think that the money managers will go rushing into stocks just simply because we got to Dow 10,000,

It’s primarily a manufacturing recession. Just because it hasn’t kicked in yet doesn’t mean that eventually it won’t work its way through, but it has to be accompanied by this inventory draw down.

We’re completing the first quarter now, but we’re still getting data from the fourth quarter. This is old news. I fail to see what relevance this will have for the market today.