There was a lot of hope that we would see a break in oil.
More Quotes from Stephen Massocca:
Long-term interest rates are moving higher, which is eventually going to hamper the market. Although you've got oil down today, there were hopes that it would be sustained in the 50s, and that hasn't happened.Stephen Massocca
It looks like the tech rally has had a little hiccup. It will take markets lower tomorrow across the world.
Stephen Massocca
The primary focus of the markets right now is when and if the Fed will stop raising interest rates, to the point that equities are rallying right now with crude oil almost at 65 a barrel.
Stephen Massocca
The market is still very concerned about interest rates and is going to be extremely sensitive to any information that points to interest rates going higher.
Stephen Massocca
Today we've got interest rates moving significantly lower and that's prompting a rally in equities. The productivity data was the main impetus.
Stephen Massocca
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Gustav Mahler
My Longhorns are registered and I am a member of the Texas Longhorn Breeders Association.
Janine Turner
There is a set of religious, or rather moral, writings which teach that virtue is the certain road to happiness, and vice to misery in this world. A very wholesome and comfortable doctrine, and to which we have but one objection, namely, that it is not true.
Francois Fenelon