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.
More Quotes from Steve Previs:
The NYSE has its own power generation system, so getting that up and running isn't a problem, but getting people there will be, ... As we approach noon (7 a. m. ET), somebody is going to have to make a decision whether trading will go ahead or not.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
The big risk is on the downside, but the market is ignoring a multitude of things they should be concerned about, such as the deficits and the weak labor market. We are getting to a point now where so many stocks are so overvalued that it is ridiculous and somebody at some point is going to say 'Mummy, the Emperor doesn't have any clothes on'.
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
The futures aren't indicating very much anyway and you would expect them to be down a little bit, probably a little profit-taking after the big run-up we had last night.
Steve Previs
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