Whereas earlier in the week things looked definitely abnormal, today looked pretty much like we were back to normal.
More Quotes from Kate Warne:
I think we will see companies report their quarterly earnings in line with expectations and that will give the market a boost.Kate Warne
We finally saw a rebound. We finally saw some buying again. We didn't see any real bad news, there is no downgrade of any tech stocks so I think the market finally didn't have anything negative.
Kate Warne
These gains are sustainable but the market still needs confirmation that demand is getting better.
Kate Warne
All of the normal sectors were people beginning to worry about interest rates and about future profitability and future growth, they really dropped.
Kate Warne
People sell on fear and when they have a chance to look at the fundamentals, begin to think again about whether the fear they had really made sense and buy back in.
Kate Warne
It's not surprising that even though the major integrated oils are making money hand-over-foot, the market hasn't paid much attention.
Kate Warne
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