The deal in Internet helps, but the real reason the market is faring well is because of the end-of-quarter window dressing.
More Quotes from Peter Cardillo:
The first batch of economic numbers for the day matched expectations. Core inflation isn't yet a real problem. After yesterday's over-exaggerated decline, these numbers still show economic growth and may help give us a rebound.Peter Cardillo
I just think they're very cheap. There's no core news for this to happen -- I just think a lot of these stocks have been badly beaten down and investors are starting to get around to looking at them.
Peter Cardillo
The markets for the next couple of days will focus on some economic data, until the chief weapons inspector returns.
Peter Cardillo
Oil prices have backed over 22 here. And I kind of think that this is what is probably going to give a bumpy ride for the next several week to the bond market.
Peter Cardillo
I think the market is holding up pretty well after the recent rally, ... The economic news was mixed today, and investors are eyeing Ivan and the price of oil.
Peter Cardillo
The market is beginning to focus on the rising price of oil. That, in my opinion, has rekindled doubt about what the Fed is going to do.
Peter Cardillo
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Based on Topics: Internet QuotesBased on Keywords: end-of-quarter, faring
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