It is an oil day. Oil is over $68 now and that, combined with a very hawkish statement from the Fed, is weighing on the market. Energy prices at the gas pump are impacting consumer...

People are already reeling from high prices at the gas pump. I think they’re going to be reeling even more from higher heating costs.

We might expect some initial weakness, but the markets have gotten used to the idea that terrorism is going to be with us for a certain amount of time, and the war on terrorism is...

Companies are beginning to warn investors that despite this quarter’s solid results, what comes ahead will not be so stellar,

[The results were] very impressive, especially given the market environment, … Clearly the trading business made the quarter, helped by Spear Leeds, which obviously distorted it a little bit.

Cuts like this were important to negotiations with the unions for similar types of cuts in unionized pay structure.

Given the spike in oil during the third quarter, I think we’re going to see higher oil costs in manufacturing companies and lower sales in consumer companies from oil squeezing out other purchases.

The focus is always on retailers on Black Friday, and early speculation is that concerns about early retail spending are overblown and that we’re going to see a reasonable holiday season.

Companies are beginning to tell the markets they are going to take a hit from both Katrina and higher oil prices. Demand for stocks in the short term may slow down.

Techs have been underperformers during the month of December, especially the second half, so I think we’re seeing some bargain hunting within technology.

If you’re a day trader and you can stomach [market volatility] on a day-to-day basis, … and want to play that momentum, stick with technology and biotechnology. If you have a little bit longer time...

Earnings and revenue were both significantly better than expected.

The tobacco lawsuit being settled — that’s obviously impacting tobacco stocks.

It certainly has worked for Wal-Mart and Target. Sears has a good chance at making a name in those businesses and capturing some share, but it’s not going to be overnight.