The Santa Claus rally hasn't happened yet, and by now investors are fearing that it won't. There's disappointment all around.
More Quotes from Neil Massa:
The whole reason we've been doing so well is that we thought there would be only one more rate hike and then they would pause.Neil Massa
The confidence number has taken the market off its highs.
Neil Massa
Today's decline in oil prices and the company news were very positive for stocks, as these type of strong results show corporate America is still in good shape. But trading is coming to a bit of a halt before the Fed. The interest-rate outlook can't be ignored.
Neil Massa
If the home builders are doing badly, it shows the housing market is slowing down. Whatever happens to them determines how much the consumer will have to spend for the holiday season.
Neil Massa
It's all about energy today. A rise in inventories may send oil prices lower, and in turn, help stocks.
Neil Massa
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