It looks like some seasonal New Year's buying will give the market a bullish start, but this January faces many negative technical obstacles.
More Quotes from Marc Pado:
This morning stocks are looking to start the day slightly lower.Marc Pado
Nobody likes to fail in the fourth quarter. There are going to be companies that did well in the holiday season and they will be able to add to gains.
Marc Pado
Even though the figures were revised slightly lower, investors were relieved because the data won't provide the Fed with an excuse to continue raising rates past January.
Marc Pado
Any time you remove uncertainty, it's good news for the market. Having raised the question, the market has shifted its attention to Greenspan from earnings.
Marc Pado
The futures are off to a slightly lower start after the Group of Seven industrial nations made a firmer call for China to accelerate the exchange rate of the yuan. The dollar got hit in response.
Marc Pado
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Based on Topics: Obstacles QuotesThe way I see it, you should live everyday like its your birthday.
Paris Hilton
I'm gonna give them the advice that I always took myself, that it's better to get to know somebody before you jump into the sack with them. Because then if you jump into the sack and fall in love, and you liked them already, you're home free.
Pia Zadora
I am a part of all that I have met.
Alfred Lord Tennyson