“You had a lot of people buying ahead of the Fed meeting because they were hoping the tone of the meeting would be anything but what some of the comments were. They were hoping the tone would be geared toward seeing signs of improvement.”
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“What investors are telling us here now is that there really is no catalyst to step back into this market right now. People are waiting for this market to rally or at least stabilize.”
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“Mondays are just horrible. People really just dont know what direction to take.”
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“There really is not clear guidance to what the outlook is going forward.”
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“Theres really no catalyst for anyone to step in ? you had a couple of negative comments but theres nothing out this week aside from economic numbers. I think the buyers want to step back in but theyre letting the market do its thing.”
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“Its welcoming to see the market give a little back.”
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“At the beginning of the year, it was what will technology do to help the economy and now its what will the economy do to help technology.”
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“Theres zero catalyst to step into this market and it is this Fed meeting that has people at a standstill.”
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“Volume is not convincing because many investors are not convinced that they should step back into this market and there is very little catalyst to step back in.”
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“I think people are excited to see this market stabilize this week and not give back all of its gains. Its just kind of wait-and-see right now.”
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