22 Quotes by Larry Peruzzi

In a normal week, these numbers would be positive enough to trigger a rally in stocks. But with the two hurricanes, oil data has become very volatile and the same has applied to the stock market reaction to the data.

All indicators are pointing to strong economic growth. That's got people excited, especially in an environment of high commodity prices.

The increase in oil prices as trading started this morning took away all the incentive to buy stocks. With oil going up again and a Fed meeting tomorrow, investors are being very cautious. Demand today has dried up.

The earnings coming through are better than what we saw last week. Oil's made lows for the day so that helped us come through a little bit here. That's what is getting us a little bit of a bounce.