Normally, with gold surging and the dollar down, you'd see that hurting stocks, but the market is ignoring that today, which is somewhat positive.

Of course, the whole market will be effected, but financial stocks in particular.

People feel there are bargains out there. I think the market can continue to rally a little more.

People realize we have an employment number, and if it shows accelerating wage pressure, that would rekindle the fear that the Fed may have to raise (interest rates by half a percentage point),

Certainly the move in oil is good, and the market certainly perked up somewhat after that inventory report.

Sales ex-autos was almost equal to the top-line number, so consumers really are out there spending.

But if oil prices and gold prices continue to move higher, at any given time the market could turn on the negative side.

Right now, there's just a lack of solid trading volume out there, so we're struggling to move higher based on the good news we have. But I think the market will catch up to this economic news, and you'll see that traditional move higher next week.

Cisco is the excuse today (Thursday) for the pullback, but we're also entering a period of reflection after the recent rally. I think we could see a 3 to 4 percent drop over the next few sessions, before we get back on track.

The selling in financials is an anticipation of lower earnings due to a slower economy, ... From the point of view of interest rates not going up, it's positive.