Mondays are just horrible. People really just don't know what direction to take.
I think people are excited to see this market stabilize this week and not give back all of its gains. It's just kind of wait-and-see right now.
Volume is not convincing because many investors are not convinced that they should step back into this market and there is very little catalyst to step back in.
What investors are telling us here now is that there really is no catalyst to step back into this market right now. People are waiting for this market to rally or at least stabilize.
You had a lot of people buying ahead of the Fed meeting because they were hoping the tone of the meeting would be anything but what some of the comments were. They were hoping the tone would be geared toward seeing signs of improvement.
At the beginning of the year, it was what will technology do to help the economy and now it's what will the economy do to help technology.
There's really no catalyst for anyone to step in ? you had a couple of negative comments but there's nothing out this week aside from economic numbers. I think the buyers want to step back in but they're letting the market do its thing.
There really is not clear guidance to what the outlook is going forward.
It's a lack of conviction to step back in. Everybody was hoping someone would come in on the buy side and find a new short-term bottom but I think we're setting ourselves up for a tough summer.
It's no longer what techs can do to help the economy, it's what can the economy do to help out techs.
It's welcoming to see the market give a little back.
There's zero catalyst to step into this market and it is this Fed meeting that has people at a standstill.
You definitely see people coming back in. On any little dips, you see 'buying on dips' again because people wanted to see stabilization. Now they have a renewed confidence in the market.
