You’re seeing a little relief buying after the pressure of the last three days. There was a lot of selling on the speculation about Rita, but now that it’s getting closer to where it’s expected...

If the retail investor has picked up, as you’ve seen in January, that’s a positive, in that you want consumers to be saving more and investing. But you never want to be the last one...

We do have the wind of the Fed at our back. At some point this downturn we’re in levels out.

Even if GDP is strong tomorrow, even better than the 6.0 consensus, you may not see a big stock reaction, … As you saw yesterday, we’re in a period where the economy should continue to...

You could see a bit of a correction in early January on the stocks that have done really well in this end-of-2004 rally. Otherwise, you might see a quiet period.

I think it’s important for investors to be cautious there — probably take some of that money off and search for new values in the market, … Spread out your investments, because if you stay...

If anything that this year has proved to investor or should have proved to investors is don’t bet on just one sector of the market even if it is technology with that great growth,

The chain deflator is something that (Fed chair) Alan Greenspan supposedly watches closely, and it has so far remained pretty benign even while the consumer price index has risen,

The Dow continues to outperform, … This cyclical bias has been pretty consistent the last two weeks, with the exception of yesterday, when technology was participating, too.

We’ve had some not-great earnings news, such as GM. But to us, the biggest issue remains oil. Crude up at these levels is a concern for the consumer and for corporations on a global level.

The brokerage earnings are by far the toughest to predict, because so much depends on how their internal investment performance was.

They are saying the economy is going to slow and that there’s no inflation but that we still need to raise rates. Investment professionals worry that the Fed will go too far and grind the...

We think they’re out there probably trying to sell this business, … That’s going to magnetize some assets and help this company.

The most important read this week is the first look at GDP growth in the second quarter, … A number of companies, including GE recently, have talked about April and May being tough, but conditions...

What we’ll be focused on in early January will be more reports on how the holiday season went for retailers.

There’s nothing wrong with [having a portfolio heavily weighted towards] technology, … These are the great growth companies of tomorrow. Yes, they’re heavily concentrated in the Russell and the Nasdaq, but it’s not just those...

The prospect of nearing the September lows is propping up the market. Certainly the news was bad last night, but the market action over the last several days has been more positive.

If (these warnings don’t) wake up people that we’re in preannouncement season and the preannouncements are going to be bad, I don’t know what will,

We had a correction, partly because the market had this huge run and everyone was looking for a correction, and partly in response to the weak February payrolls number. We had a bounce off that...

Everyone knows growth slowed in the third quarter, and so for a company like GM to miss is not surprising, considering that it’s so reflective of the economy and impacted by oil prices.

The benign inflation data and the belief that the Fed may be closer to the end than had previously been thought has helped the market this week.

The pall of interest rates continues to hang over the market.

Yet again we’re seeing relative strength in the technology sector and we’ve really seen this for about a week. Big Tech is leading the market and that’s a good sign for that sector.

We really think we’re seeing a bottoming in the market, … We think the issues really have been dealt with that caused the real collapse of the market. We think we’re in a bottoming process...

We saw crude reverse from the morning, and the market rises. The price of crude oil has such an impact across the economy, and you see that reflected in the market.

is now is in play.

The long-term trend of the market is upward, but it’s not surprising that we had a pullback for a few sessions.

Jeff wants to be more upfront with investors.

Earnings have been coming in by-and-large at better-than-expected levels. But a lot of that has been priced in, and so you’re seeing some selling on the news. But the profit-taking is short-term. Longer term, we...

The fear that’s out there is forward looking, with people worrying about inflation and what the Federal Reserve might do in the months ahead. So the numbers next week won’t help, although we do get...

I think any time OPEC meets it has an impact, although OPEC doesn’t have the same effect on the stock market it once did,

We’re seeing a pullback really just from yesterday.

It obviously still dominates the software space, and we think it’s going to be a good Christmas in the PC sector, both for the consumer and for business,

That part of their business was very strong in the previously reported quarter, and that’s why the stock is rebounding,

The two issues regarding rates that have been in front of the markets for weeks have been ‘when will rates rise, and by how much?,’

Maybe there aren’t a lot of sellers left and buyers are starting to put money into the market,

There is still strong underlying demand for financial securities. That, combined with the strength of the economy could carry us to year-end.

CPI is certainly the big economic report of next week. The Fed’s beige book and some of the manufacturing numbers will be looked at as well.

We’re seeing a little selling today, but I think it’s important to remember that we just hit an 18-month high on the Dow, and so we’re going to see a little pullback short-term.

the investment banks and economists may come out and lower second-half gross domestic product growth forecasts.

The company he envisions is small enough to avoid antitrust issues, but big enough to be a real player, … I’d buy stock in that kind of company.

There was strong economic data this morning, which sent bond yields higher.

It was a very reluctant rally but it shows how much the market can feed on itself.

If you look at today, you’ve got to say yesterday was a sucker’s rally,

Volume is very light, and the news flow is generally light as well. After Labor Day, I think we’re going to see volume pick up, and my gut says we’re going to see higher stock...

Almost the whole group now is in play,

Overall, the issue for the market right now is oil. Today it seems to be about the events in Nigeria, but with oil it’s been just one issue after another lately.

We’ve had some very good earnings. Certainly the sell-off we’ve had in the last week or so has provided an opportunity for buyers to come back into the market.

I like the rally today and the volume is good, but we still have a lot of economic reports to get through the rest of the week that could either undermine it or strengthen it.

Gorman coming over changes the whole landscape. It’s a fresh slate.