Paul Mendelsohn
Paul Mendelsohn
advance bit continue few hit point resistance rise soon technical venture
I think the rise can continue a bit longer. We're going to hit some resistance soon from a technical point of view, but I venture to say that this advance could go on for a few more days.
fall quarter range
I think in the first quarter we'll fall back into the 1210 to 1246 range on the S&P 500.
barrel crude last moving
The last thing we need is crude moving back to the $70-a- barrel level.
employment handle investors july june key next numbers week whether
I think a lot of investors want to see the July numbers and get a handle on whether June was just an aberration or a harbinger of things to come. The key next week is going to be that employment report.
contend lead news oil open positive though
The market's been getting positive news from GM, oil and semiconductors. But we have the quadruple witching to contend with, which could lead to a lot of volatility, so even though we're up now, we could open anywhere.