EBay came out with good numbers, but the outlook for the fourth quarter and next year wasn't so good, ... We're probably looking at a lower open, with a mixed trading session, as people respond to individual earnings and keep an eye on the price of oil.
More Quotes from Peter Cardillo:
The deal is positive for the market as it helps clear the air. Obviously, restrictions are going to be tighter in the future.Peter Cardillo
It's clear (from the rally) that sentiment has improved on hopes that this second-half recovery is starting to gain momentum.
Peter Cardillo
We didn't see any major change out of France or Germany, ... While the reaction to Mr. Powell's speech at the United Nations obviously was positive, I think when people realized that Germany was not changing its stance and France wasn't softening too much, it was back to worries of uncertainty.
Peter Cardillo
The market now is trying to stabilize after having discounted higher inflation and interest rates and what most likely will be murky fourth-quarter outlooks.
Peter Cardillo
The market opened higher, after some good economic numbers. However, we're seeing a pullback due partly to volume being lighter than usual.
Peter Cardillo
We're looking at a slightly lower open as we see some consolidation. At the same time I don't expect the market to give up much of what it has gained over the last two days.
Peter Cardillo
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