Robert Pavlik Quotes on Economics (4 Quotes)

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.

There was some profit-taking today as there was a lack of catalysts to get buyers to step in. Buyers are waiting for the market to be a little more attractive. There's not much in way of economic reports for the rest of the week. Geopolitical concerns, the price of oil and earnings reports will be driving us.

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.

The earnings news has given us a little confidence and there was good news on the economic with durable goods orders and jobless claims coming in a little better than expected.