We're in that dreadful point in investor psyche where bad news is bad news and good news is bad news,
We really have priced in a lot of bad news. Even if we continue to see a string of (negative) pre-reports, at some point in time, we're going to start to trend higher.
Next week we really kick that (warnings) season off. There's going to be more Gateways out there, and that's not going to help. People will make the argument that a lot of that bad news has been priced into the market already, but it certainly wasn't yesterday.
I think the market has discounted a lot of the bad second-quarter chatter we're going to hear, and my guess is that conference calls going forward are going to be much more positive,
that we've got more good news than bad on the corporate front for the first time in a while.
TI wasn't as bad as predicted. We priced in the worst-case scenario, and it wasn't the worst. We're realizing that, yeah, spending on IT (information technology) is slowing, but it's not stopping.
We opened up the floodgates of bad news. The good news is, a lot of this is behind us, and we probably overreacted on the downside.
We opened up the floodgates of bad news, ... The good news is, a lot of this is behind us, and we probably overreacted on the downside.
We've had a lot of bad news today -- the economic data, Cigna and the insurance sector is doing poorly, a bunch of companies missing estimates or warning -- but this is a market that really doesn't want to sell off,
During earnings, we're often in a trading range, and I think we still are right now. We've got 100 members of the S&P reporting this week, a lot of economic news and the Fed tomorrow, so for the market to go sideways a bit is not a bad thing.
A lot of people assume that what's bad for Microsoft is bad for technology, and that's what's hurting the Nasdaq,
Although this is bad news for Main Street this is very good news for Wall Street,
This may be a very volatile trading session. The market wants good numbers, but an exceedingly good report may lead to further rates increases, and that's not good for stocks. On the other hand, a bad report on top of disappointing earnings, could spark another sell-off.
It's earnings pre-reporting season, ... I'm guessing that a lot of the worst is behind us is going to come out in commentary. Unfortunately it is going to follow numbers that are just as bad as the first quarter.
The bad news is stuff that we know about -- it's Corporate America, especially on the technology front, letting us know they're not going to make their numbers and we knew that was going to happen,
A handful of bad news for a rainy Monday. The escalation of violence in the Mid East is obviously a major issue.
The door being open for further rate cuts is bad news. We don't need further rate cuts, we need stability in the economy, ... We do care that we oversold yesterday and there's relatively positive news on the semiconductor front.
The market has been able to stomach a lot of bad news -- we've seen disasters every day and the market has trended higher, ... This is day four, so it's only natural to want to take profits.
The market is going to shrug that off. We spent so much time pricing in so much bad news, we can actually move on now.