Tom Schrader Negative Quotations

It seems that GM put a damper on things with some negative comments, and the economic numbers were a little weaker. They are both putting an overhang on the IBM news, which was generally positive. This is one of the biggest earnings days we have -- and people are going to be focusing more on the guidance than they are the actual earnings.

Oil is always a negative factor for the markets and that, combined with lack of economic data, is contributing to a lack of interest in the stock markets this morning. On the bright side, the series of company upgrades is certainly welcome.

Given all the negatives thrown at the market, it's amazing how well it's doing.

We have negative news coming out of the home builders this morning, and obviously that's been an area that has led the economy.

The consumer confidence (index) this morning was better than expected, and the lack of negative pre-announcements has given people the impression that first-quarter earnings are going to be good.

The market has a negative tone to it right now,