A 70-degree weekend in November helps to dampen sentiment on energy stocks and it makes for a quietly better market. When the weather gets a little cooler, it changes people's psyches and they will warm up to energy stocks.
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The best thing for the market this morning is probably the fact that gas and crude oil are retreating.Mike Driscoll
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I would have thought the big telecom deal announced would have brought a little more positive tone for the market, but people are trying to figure out how to play it. You do have a little softer tone in commodities after energy prices rallied on Friday.
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It's the impression that the series of interest rate rises are nearer the end than the beginning, and people were bored after last year with the market flat on the year.
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The apparent concern is that Wall Street would view such a move in a negative light, and cruise leaders are trying to (downplay) the long-term impact that rising fuel costs are having on their business.
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A lot of people are viewing the rally in the Dow as being a little suspect. We've got a lot of earnings coming out this week, which would increase volatility.
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Based on Topics: Energy Quotes, Weather QuotesBased on Keywords: psyches
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All of the significant art of today stems from Conceptual art. This includes the art of installation, political, feminist and socially directed art.
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