The price of energy should spook investors. So far, the market is foolishly accepting of the price of oil without a negative reaction as long as it doesn't break out to a new high.
If the GDP gets revised downward, it's a negative for the markets. If it stays anywhere within the expected range, it gives credence to that the fourth quarter was some economic trough.
There is a fear that we'll have a negative surprise and inflationary fears are keeping people on the sidelines, ... There's no real great impetus out there to drive the market.
We don't have a predominance of negative news, day-to-day, in terms of economic events.
Without having that constant barrage of negative news, there is the opportunity for the market to exhibit some strength.
Today will be a test of the market to see how it handles some negative news in the tech sector, Dell being that test.
This perception creates a negative opinion on Wall Street. But over time, it will help the equity markets because it is reflexive of a better earnings picture.
Nothing is negative out there but there's such little commitment. The tone of the market is that technology still looks lackluster.