Todd Kapala
Todd Kapala
days four good profits seen taking three trading
We have seen a good three or four days of trading so (investors) are taking profits at this point.
bad good hold lows market prior testing
This pullback is not necessarily a bad thing. The market is just testing its prior lows and if it can hold those lows then it's a good sign.
business confidence confident consumer economy number spend spending turns until willing
Consumer confidence is an important number because the consumer has been propping up the U.S. economy all these months. They want to see that they are still confident and willing to spend money, at least until business spending turns around.
panic selling week
This week has been characterized by a lot panic selling more than anything. There's a lot of uncertainty.