Stephen Massocca
Stephen Massocca
continued crude decline easy major market reason viewing
The continued decline in crude -- that's probably the major reason why the market is rallying. It's a very easy way to look at how the market's viewing international tensions right now.
although both driving large lower market parts
Large parts of the market have done well away from Microsoft, although it is driving both the Dow and Nasdaq Composite lower because it is such a large part of both indices.
fairly nice rally reason
We've got a fairly nice rally going and I don't see any reason why it would discontinue at this point.
data interest lower main moving rally rates today
Today we've got interest rates moving significantly lower and that's prompting a rally in equities. The productivity data was the main impetus.
almost crude fed focus interest markets oil point primary raising rallying stop
The primary focus of the markets right now is when and if the Fed will stop raising interest rates, to the point that equities are rallying right now with crude oil almost at $65 a barrel.