Paul Mendelsohn Continue Quotations

I think the rise can continue a bit longer. We're going to hit some resistance soon from a technical point of view, but I venture to say that this advance could go on for a few more days.

It's clear that employment growth this time around has been sub-par compared to previous economic recoveries. You need about the number of jobs that we're adding now just to stay even with the number of people entering the economy. It's very possible that we're going to continue to see sub-par growth.

The big problem for the market has been the news flow. Energy prices continue to rise, gold prices continue to go up and earnings are coming in very mixed.