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.
First need in the reform of hospital management? That's easy! The death of all dietitians, and the resurrection of a French chef.
Martin H. Fischer
We documented a clear difference between bird viruses and human viruses.
A kiss that is never tasted, is forever and ever wasted.