It's a continuation of the rally we've had from earlier in the week, which was prompted by the release of the Fed notes. Today's lower-than-expected employment numbers have continued the rally. - Stephen Massocca Quotes
It's a continuation of the rally we've had from earlier in the week, which was prompted by the release of the Fed notes. Today's lower-than-expected employment numbers have continued the rally. Stephen Massocca
 

More - Stephen Massocca Quotes

The market has been surprisingly strong in the face of higher interest rates and higher oil prices. If this continues, will the market continue to ignore it? I think not..that's going to bite and that will affect the equity market at some point. - Stephen Massocca Quotes

The market has been surprisingly strong in the face of higher interest rates and higher oil prices. If this continues, will the market continue to ignore it? I think not..that's going to bite and that will affect the equity market at some point.

Stephen Massocca

 Interest
There's a lot of issues and questions in front of the market, but I don't think there's going to be an easy resolution to any of them, or a quick resolution. I think a lot of people are frozen until they get a better idea of what it all means. - Stephen Massocca Quotes

There's a lot of issues and questions in front of the market, but I don't think there's going to be an easy resolution to any of them, or a quick resolution. I think a lot of people are frozen until they get a better idea of what it all means.

Stephen Massocca

 
Today we've got interest rates moving significantly lower and that's prompting a rally in equities. The productivity data was the main impetus. - Stephen Massocca Quotes

Today we've got interest rates moving significantly lower and that's prompting a rally in equities. The productivity data was the main impetus.

Stephen Massocca

 Interest
Long-term interest rates are moving higher, which is eventually going to hamper the market. Although you've got oil down today, there were hopes that it would be sustained in the 50s, and that hasn't happened. - Stephen Massocca Quotes

Long-term interest rates are moving higher, which is eventually going to hamper the market. Although you've got oil down today, there were hopes that it would be sustained in the 50s, and that hasn't happened.

Stephen Massocca

 Interest
It looks like the tech rally has had a little hiccup. It will take markets lower tomorrow across the world. - Stephen Massocca Quotes

It looks like the tech rally has had a little hiccup. It will take markets lower tomorrow across the world.

Stephen Massocca

 
It looks like the tech rally has had a little hiccup and it will take markets lower tomorrow across the world. - Stephen Massocca Quotes

It looks like the tech rally has had a little hiccup and it will take markets lower tomorrow across the world.

Stephen Massocca

 
The continued decline in crude -- that's probably the major reason why the market is rallying. It's a very easy way to look at how the market's viewing international tensions right now. - Stephen Massocca Quotes

The continued decline in crude -- that's probably the major reason why the market is rallying. It's a very easy way to look at how the market's viewing international tensions right now.

Stephen Massocca

 Reason
The market is still very concerned about interest rates and is going to be extremely sensitive to any information that points to interest rates going higher. - Stephen Massocca Quotes

The market is still very concerned about interest rates and is going to be extremely sensitive to any information that points to interest rates going higher.

Stephen Massocca

 Information
We've got a fairly nice rally going and I don't see any reason why it would discontinue at this point. - Stephen Massocca Quotes

We've got a fairly nice rally going and I don't see any reason why it would discontinue at this point.

Stephen Massocca

 Reason
Large parts of the market have done well away from Microsoft, although it is driving both the Dow and Nasdaq Composite lower because it is such a large part of both indices. - Stephen Massocca Quotes

Large parts of the market have done well away from Microsoft, although it is driving both the Dow and Nasdaq Composite lower because it is such a large part of both indices.

Stephen Massocca

 
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