GDP numbers could surprise a little to the upside, and that may be why the Fed said what it did, ... Confidence numbers could also be surprising, in light of recent reports.
More Quotes from Michelle Clayman:
We're also still getting support from the low interest rates. While Treasury yields are not as low today as they've been, they are still historically at a substantial low, and that lends support to equities.Michelle Clayman
September tends to be the take-a-breather month, historically. I would guess the market over the next few weeks will be bound to a narrow trading range as companies begin to report earnings.
Michelle Clayman
Things have been so gloomy, (but) now many people sense the bottom is here and we'll start to drift upward.
Michelle Clayman
People are looking for a pretty good earnings pick-up in the second half of the year. The rate cuts are certainly going to kick in.
Michelle Clayman
This is more air coming out of the Internet bubble, coupled with a bit of a flight to safety into the old trusted stocks.
Michelle Clayman
You have a number of issues, not the least of which is the upcoming Fourth of July holiday.
Michelle Clayman
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My first four roles were all nice guys, Raggedy Man being one of them.
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It's as much fun to scare as to be scared.
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