3 Quotes by Bill Groenveld

I think technically (Monday's increase) could be sound, as long as we don't get any economic surprises. The data should support this level.

It's really a question of the economy and what the Fed's going to do, and that's not something you're going to see a big move on in a single day. Nothing's giving us those big knee-jerk reactions.

I don't see what we got here today as anything other than a technical move upward, and it's because there's no real bad news. We're still kind of in this range we've been in for a while, and there's no real argument you can make to break out in either direction until we see some better data.