Earnings have been lackluster, guidance has been disappointing and the economic news we've just had, has raised inflationary fears.
More Quotes from James Park:
Today is a very directionless market, ... It is really quiet. There's not much going on.James Park
I think we're just buying off weakness, ... A lot of the gains we're seeing are related to index-related buying. People are bargain-hunting and taking advantage of the momentum.
James Park
The October jobs report is one we're looking at, especially after the claims report today, ... It could be more significant in which way the Fed will go next time.
James Park
I just see a lot of listless trading into the end of the summer -- there isn't much conviction,
James Park
It's kind of a holiday snoozer, ... All of the big players have locked in their gains for this year. It's just going to be quiet with exaggerated movements because of low volume this week.
James Park
The market reacted to lower oil prices. We're going to be more based on interest rates and commodity prices for a while. There was less volatility, and trading was more uniform today.
James Park
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