I guess everybody is just catching their breath, trying to catch up and nothing seems to want to lead us here today. I'm not sure what the next impetus will be to take the market higher, but today we are just going to tread water.
More Quotes from Peter Byrne:
Some of these commodity stocks continue to surprise us today.Peter Byrne
It's another energy-led rally, but there was a lack of participants in the marketplace today.
Peter Byrne
It looks like the gold and oil prices are down, so we will probably give a little back.
Peter Byrne
Nothing has changed to give us any confidence to take this market out of its recent pattern. Any time it looks like we have buying come into the market we get another wave.
Peter Byrne
The financials have had a good run the past couple of days. The tax ruling (on income trusts) has got people thinking that there is some value in financials.
Peter Byrne
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