Arthur Hogan Prices Quotations

That's the one thing that can upset this apple cart. We would focus more on energy prices if we got something that was out of line with consensus.

I think one of the conundrums the market faces is that we continue to see energy prices go higher. It's going to be hard to get the market to rally much this week with oil starting at $68.

The market has been responding well in terms of energy prices coming down, but those are very volatile numbers week over week. Any major swing from the consensus figure can add a lot of volatility.

The market is reacting more to good news than to bad news at this point. Energy prices are certainly stabilizing off their peak, but it's pretty remarkable considering the headwinds we should be facing.

The market is reacting more to good news than to bad news at this point, ... Energy prices are certainly stabilizing off their peak, but it's pretty remarkable considering the headwinds we should be facing.