Stephen Carl
![Stephen Carl](/assets/img/authors/unknown.jpg)
Stephen Carl
perhaps profit taking
Perhaps there is some profit taking before (the Fed).
bottom days earnings fishing largely maybe short
We've been down all day largely on the Nokia earnings warning. There was some bottom fishing after two down days and maybe some short covering.
buyers earnings further instead light obviously reports sit tunnel
Today's earnings reports obviously didn't sit well, and buyers reacted as if the light at the end of the tunnel is getting further away instead of closer.