Hewlett-Packard didn't please us with its results, and neither did Cisco yesterday,
More Quotes from Art Hogan:
There was clearly a disappointment in the rhetoric from the Fed. It's just a buyers strike.Art Hogan
Yesterday was all about valuations and bargain hunting, ... It's not just about bargain hunting today.
Art Hogan
I think this can sustain for the next day or two, at least until we get to all the earning and economic news in the second half of the week, ... Right now, the path of least resistance is still to the upside.
Art Hogan
One of the main drivers for the Dow and SP has been the price of oil that's been dragging on the companies that are especially dependent on lower oil prices,
Art Hogan
The Fed said rates are going higher, which was no surprise, ... But when you're in an interest rate rising environment, all the smatterings of what would be considered good news look like a confirmation that rates will rise.
Art Hogan
A handful of bad news for a rainy Monday. The escalation of violence in the Mid East is obviously a major issue.
Art Hogan
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