It's mostly just celebrating that Rita didn't turn out to be as devastating to the Gulf as feared, and energy prices are down, ... Almost all sectors benefit because people have more money to spend.
More Quotes from Evan Olsen:
It's very, very early in the earnings season, but so far it's been pretty good. We started (the day) with people optimistic after yesterday, but the enthusiasm has faded.Evan Olsen
That was an unlucky finish for us, but it really motivated us more than it took away from our motivation. I think it really unified our team even more.
Evan Olsen
In general we try to cut our positions at the end of the day and even more so on a weekend. Ahead of an event like this, you're going to be a lot more conservative than normal.
Evan Olsen
November has had a lot better tone to it than usual. We're seeing money rotating into the growth stocks. If I had to guess, I think people are pretty positive on the market.
Evan Olsen
Apple was a disappointment last night. It's kind of leading the techs down. That group seems to be getting hit harder than the overall market,
Evan Olsen
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