We've kind of stalled here. Basically we've seen some profit-taking based on the gains we've had since mid-October.
More Quotes from Tom Schrader:
They'll be looking at the PPI with a real hard eye for what inflation is going to be.Tom Schrader
It's a broad advance today -- pretty much every sector is up. It's really just a case of ... an oversold market, but sometimes oversold markets pick up steam.
Tom Schrader
I don't think people have set aside dollar concerns long-term or even intermediate-term, but definitely right now, short-term, people have calmed down about it.
Tom Schrader
We're suffering from a dearth of information -- there's no economic news until Thursday.
Tom Schrader
Any time a big stock like Honeywell is up 6 percent, that's certainly going to put a positive spin on the market.
Tom Schrader
I think the unemployment report is the main indicator people are waiting for this week.
Tom Schrader
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