People are looking for a Santa Claus rally, but I don't expect it's coming. The only real positive I saw today was some of the economic data. It's been a hard day to get excited about. We've seen some individual names get action, but nothing is carrying over.
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This will be an excellent contribution to Milwaukee. It will make the community aware of the preciousness of water.Robert Pavlik
The market, especially the bond market, will view the report as negative since it will likely mean that we are facing at least two more increases in interest rates by the Federal Reserve at both the March 28 and May 10 meetings.
Robert Pavlik
Also some of today's selling pressure is a result of a very quiet market, with many professional investors taking the final trading of 2005 as a holiday, combined with some last minute cleaning up of portfolios by those investment managers who have made it in today.
Robert Pavlik
Both the bond and stock markets will watch this report carefully, looking for any additional signs of rising prices in the production process. The trend for the overall report has been on the rise, while the core appears as though it may have reached a top.
Robert Pavlik
The market is still feeling good after the Federal Reserve minutes yesterday. Between now and the end of the week, we have a lot of economic data coming out.
Robert Pavlik
The durable goods number will matter more to industrial stocks like Boeing and Caterpillar. People want to see if the growth in this sector is continuing, but they don't want it growing so fast that it will scare the Fed.
Robert Pavlik
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