It will be a very subdued day for obvious reasons. People will be reflecting on what happened in the past year as well as what happened this time two years ago. A lot of people will probably just stay away from the market today.
More Quotes from Steve Previs:
Although this is a key psychological level, the Dow Jones is a very narrow gauge and fundamentals are still weak.Steve Previs
I think people are really concerned about this dollar. The dollar is going to go much lower than it is now, meaning people are likely to opt away from the dollar and away from U.S. investments and into investments they feel a little more comfortable with.
Steve Previs
It's one way of unlocking value on a lot of disparate businesses that somehow got glued together over the last 10 or 15 years. I think it'll be pretty good for shareholders.
Steve Previs
There's no top-line growth -- that's the problem. Companies are cutting costs and people to meet their targets, but there are only so many people they can cut.
Steve Previs
I wouldn't be surprised if we see a big opening and then a little more stability coming into the market simply because this oil price is going back up on what's happening in Nigeria and doesn't look like it's going to be coming down any time soon.
Steve Previs
It's been very quiet this morning. We have a lot of economic numbers out this week that people will be focusing on, and there is the Fed tomorrow.
Steve Previs
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William Ellery Channing
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There is no point trying to figure out who is guilty or not at un-balancing the planet. I think we need to figure out and solve the problems together and not isolate from each other.
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