All the sacred cows of one year ago are getting decimated.

Once we get to April and the first quarter earnings are reported — and I think they’re going to be pretty good — (that) could be helpful. I doubt if you’ll get anything out of...

If the Fed is seeking to slow the economy down that’s always the conundrum,

For Warner-Lambert shareholders, the danger is that Pfizer takes its marbles and goes home. But the potential reward is that you can get [the deal] for a higher price.

However, given that the volume yesterday was almost at the lowest level of the year, caution prevails. I can promise a decent opening but it’s still a bell to bell story.

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

…There is no scientific way of determining where the Nasdaq bottom is…the money is flowing into safer havens.

It doesn’t tell you anything in terms of the fundamentals. I think there will be a bet made tomorrow (Tuesday) and early Wednesday that the Fed goes 50 basis points (a half-percentage point). If it...

The abbreviated week will bring with it a rash of economic numbers, culminating in the May job figures on Friday, … The Street would like to see some signs of a slowing economic pace so...

Intel hit everything in its report but said inventories are rising and profit margins are falling. And that’s all she wrote.

If we get any kind of word that we can avert military action, avoid a war, certainly that would be helpful.

The key this morning is the 10-year note hovering around a yield of 5%. This news trumps any economic or earnings data. It’s a rate-driven market, even with oil competing for headlines. Any weakness we...

It’s becoming a day-to-day struggle between bears and bulls. Once oil and yields move to highs, the bears take advantage. Those are the twin dreadnoughts of the market. But earnings news has been strong and...

A lot of the results yesterday have been a little disappointing. Microsoft had a decent quarter but was a little below expectations. It was the same with both Amazon and Coke.

I think the Dow is going to be under a little bit of short-term pressure, particularly with technology under a bit of a cloud. But I see it as a temporary situation.

The high drama was yesterday, and now it fades into the void as we await the appeals process,

Tomorrow (Tuesday) we get numbers on industrial production and housing and big reports from Intel, Coke, Johnson & Johnson — maybe that can turn us around.

Now, this day prior to the long weekend, I don’t think we’ll have the cavalry charge at the close today. But I think this has legs. I think it could drive forward to, say, Dow...

The highest bid always won.

The leadership of the marketplace moved out of techs and into quality stocks today.

When you see this kind of quick move, that’s a mechanical sell program from one of the brokerages.

There’s nothing really to sink your teeth into next week, except for the possibility of a Santa Claus rally.

We had a good day with surprising strength, but I need to see a follow-through tomorrow to believe it will stick.

We have good earnings today, but there’s just too much good economic news. We’re increasing the likelihood of a rate hike in June. The data are coming in stronger than expected, so the Street is...

The only thing that was positive today was that there was nothing negative, especially no lousy economic reports that we’ve had over the last four trading days. The summer doldrums have not appeared so far.

Everything continues to revolve around oil after we got licked pretty good yesterday. Everything is a knee-jerk reaction now.

The only thing that would shake me would be a fundamental change, if rates would rise dramatically to 7 percent, if the profit margin contraction continued, if the love affair by the public with mutual...

We knew deep down there was some good news in the bottom line, but we were beginning to have our doubts.

This is par for the course. All you’ve got to do is breath heavy and you get the Dow plus or minus 90 points.

Earnings statements will make or break the market this week. I’ll be watching the reports coming from some of the technology names, because I think that sector may lead the way this year.

The differentiation is where the recession is coming from. When you’re in a consumer-housing situation, the rate cuts have a very dramatic effect and hit much sooner. But when you’re in a manufacturing recession involving...

There were a couple of one-shot deals in the PPI — auto prices and tobacco prices. If you took those two items out, the core rate was up 0.1. That’s the reason why the markets...

It’s a good rally and it’s got some legs for a few days, but I wouldn’t go nuts chasing after it. It’s going to be challenged in the near future.

I think we’re in the twilight zone. You have the confessional period followed by the summer doldrums, so there really isn’t anything that’s going to spur it to the upside.

The mergers helped, but you also had some asset reallocation, with people taking money out of Treasurys and putting it into equities.

We will be challenged by fourth-quarter earnings.

We are in a bit of a vacuum with the long three-day weekend coming up. Tomorrow will be a vacuum kind of day.

When we arrive on Monday, we may or may not know the full extent of Hurricane Rita. The stock market can attempt to discount what is discernible, but when it comes to acts of nature,...

The selling last week was so extreme, there had to be a snap back.

Even if Bush were to win, there’s no mandate to do any radical legislation.

The popular indexes have managed to reach 4 1/2-year highs, while small and midsize indexes flirt with all-time highs. The lack of sustainability is likely due to the senior citizen status of the bull market,...

Cyclical stocks are helping the Dow today, … Morgan Stanley upgraded some chemical stocks and that’s giving cyclical stocks — paper, chemicals — a boost.

If I was doing some bargain-hunting in blue chips, those are two that I would go after.

The market is extremely overbought.

It was a respectable day. But after the (Fed) decision tomorrow, I think we can do better. I think the Street is braced for a no-rate-cut, no-rate-hike move from the Fed.

Today bonds rallied because of the softer new home sales. Yesterday, bonds fell because the purchasing managers report was too strong. Now we go to Friday and the non-farm payrolls, which is the main part...

If the Fed even hints that it will stop raising rates, that would be a major catalyst to move the market higher.

This resiliency is something that’s very impressive.

The earnings numbers are still respectable, but they are softening. The psychology is that you can’t make projections about future earnings without having some sense about where the price of oil is going and what...

Second quarter is going to be excellent. Remember when the first quarter was reported in April, we had a 1,000-point gain in the Dow, and that was only a 10-percent (earnings) gain.