I would have thought that with the negative tenor of the news -- economic and geopolitical -- more damage would be done, ... That suggests to me the market is in a constructive mode.
The pain level is as severe as anything the market has ever inflicted on investors before,
Today's swings reflected uncertainty at the end of a week in which investors were pelted by wildly conflicting news on both earnings and the economy, ... Every good report this week has met with a bad report. Yes, the market is trying to establish a bottom but it's not a done deal yet.
We're taking a lot of the people out of the market permanently. We're losing a whole generation of investors.
Current market action is unconvincing. Volume is simply far too low for confidence.
The stock market has been going sideways for a very long time now, and it looks to me like it will continue to do so.
These massive market consolidations are caused by massive overvaluation. What happens is the market pauses and waits for earnings to catch up. It does that by going sideways.
This is typically when important market bottoms are built. But I'm sitting back and waiting to be shown.
I put on some shorts going into the close, ... It seemed like a good idea -- the market had simply gone too far, too fast.
You could characterize me as a very nervous bull. I think the market is running out of steam.