I think that consumer confidence number really shocked a lot of people. Because if consumers aren't going to hold this economy up -- the bad news just keeps on coming.
There's lots of mixed news. We started off with negative tech news, then National Semi came out in the middle of the day, and we're doing better, but we're still down for the week.
It's normal, it's healthy. The market is going to need to get a little more economic news under its belt before it can move higher.
The corporate news has stopped deteriorating and it some cases is just flat.
The market is still susceptible to bad news. You can see that in today's trade. Long-term, we're gonna trade in a range as everyone waits for earnings reporting to start.
The market has been holding up, despite how bad the news is.
The latest news of the missile strike in Gaza pulled the legs out from under buyers. They stopped buying today and the market just pulled back.