Bill Groenveld
Bill Groenveld
data economic support
I think technically (Monday's increase) could be sound, as long as we don't get any economic surprises. The data should support this level.
argument bad break direction either move range technical today until
I don't see what we got here today as anything other than a technical move upward, and it's because there's no real bad news. We're still kind of in this range we've been in for a while, and there's no real argument you can make to break out in either direction until we see some better data.
economy economy-and-economics giving move question single
It's really a question of the economy and what the Fed's going to do, and that's not something you're going to see a big move on in a single day. Nothing's giving us those big knee-jerk reactions.