Everything's coming in really strong on the earnings front, across a number of sectors, but the market doesn't seem to be responding to it. I think it's just a bit of 'sell the news' in terms of a lot of these earnings.
More Quotes from Robert Long:
We've got to be looking at some sort of debt exclusion for capital needs somewhere down the road, ... No matter how hard we try and work it, there's just no money.Robert Long
It remains a great environment for stocks, with a strong economy and interest rates staying low. But you're still subject to this kind of sideways trading for the time being.
Robert Long
I would expect a strong payrolls number Friday, and for the market to have some sort of positive response to it, even if it's just very short-term.
Robert Long
We had a brief correction for a few days with some early tax-selling and some portfolio managers wanting to take profits, but we're back on track today.
Robert Long
In retrospect, the number is what Wall Street wanted. It's strong enough to suggest the labor market is starting to improve, but it's not so strong as to create worries that the Federal Reserve will need to raise interest rates sooner rather than later.
Robert Long
This drive is going to help countless of other people that are also in need of blood. Whether Matt is going to get it or not which he is in need of it also it's going to help countless people that need it, and there is a shortage of blood and this is a great turn out.
Robert Long
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