"We opened up the floodgates of bad news. The good news is, a lot of this is behind us, and we probably overreacted on the downside."

"We opened up the floodgates of bad news, ... The good news is, a lot of this is behind us, and we probably overreacted on the downside."

"We really have priced in a lot of bad news. Even if we continue to see a string of (negative) pre-reports, at some point in time, we're going to start to trend higher."

"We've had a lot of bad news today -- the economic data, Cigna and the insurance sector is doing poorly, a bunch of companies missing estimates or warning -- but this is a market that really doesn't want to sell off,"

"During earnings, we're often in a trading range, and I think we still are right now. We've got 100 members of the S&P reporting this week, a lot of economic news and the Fed tomorrow, so for the market to go sideways a bit is not a bad thing."

"A handful of bad news for a rainy Monday. The escalation of violence in the Mid East is obviously a major issue."

"The door being open for further rate cuts is bad news. We don't need further rate cuts, we need stability in the economy, ... We do care that we oversold yesterday and there's relatively positive news on the semiconductor front."

"I think the market has discounted a lot of the bad second-quarter chatter we're going to hear, and my guess is that conference calls going forward are going to be much more positive,"

"The market has been able to stomach a lot of bad news -- we've seen disasters every day and the market has trended higher, ... This is day four, so it's only natural to want to take profits."

"The market is going to shrug that off. We spent so much time pricing in so much bad news, we can actually move on now."