39 Quotes by Todd Clark
- Author Todd Clark
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The existing home sales number was much weaker than expected. It's giving a reason to pull back a little bit.
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- Author Todd Clark
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We're just chopping around. There's not a whole lot to get excited about. It's quiet as a mouse. There's absolutely no bias at all.
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This type of a pattern is actually pretty good, and I wouldn't be surprised if they tried to rally them back again late in the day.
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Energy stocks are such a large part of the S&P and even the Dow. That's what's pulling the indexes a little bit lower.
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There would be a little short covering rally, but I don't think it would last too long. People would worry that the Fed is seeing an economy that's dipping back into recession.
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Probably the most worrisome thing was the existing-home sales.
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You're seeing a lot of sell on the news.
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A lot of people have been watching that. That looks like the line in the sand.
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There just aren't that many motivated sellers. It makes me think the overview is fairly positive.
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