The combination of weaker industrial production and weaker consumer sentiment number
More Quotes from Tony Dwyer:
We could pull back a bit, but it will be limited to about a 5 percent decline and it will be quick. This market rally has not been about buying interest, but about the total lack of selling interest.Tony Dwyer
The Dec. 8 deadline -- it's a geopolitical concern.
Tony Dwyer
We're due for a week's worth of consolidation. Just some backing and filling. Following that, we can head higher.
Tony Dwyer
Nothing for the time being suggests more than a moderate pace of rate hikes. There is a bit if nervousness out there. The other thing is that the market has had a good run and this is a normal pullback with a little bit of profit taking going on.
Tony Dwyer
The futures are higher this morning because the markets don't really see anything happening. If nothing happens we'll probably get a relief rally. Today is a day of reflection for everybody. It's also a shortened trading day, so volume is expected to be light.
Tony Dwyer
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