A lot of the gains are due to the earnings story.
The important thing is that there will be some pressure off the bond market. It takes a bit of pressure off the Fed for the near term.
How long is the consumer able to hold up to this? If the economy slows and employment starts to whither then these concerns will start to compound. That's how a bear market will start. We're not optimistic for the second half of the year.
The market has got to find a catalyst. The only catalyst out there is earnings.
I'm saying at this point, it's going to prevent the market from going much lower.
She just had an overall total game. I keep telling her that she's one of the best point guards in Cobb County. She has that potential, and (Saturday) she showed it.
Slave to no sect, who takes no private road, But looks through Nature up to Nature's God.
(May 21, 1688 - May 30, 1744)
The man who has no imagination has no wings.