Every fearful drop in the global stock market has been met by this lack of alternatives and cheap cost of financing... It's a 'risk on' when the world's central banks have your back.

Rick Meckler

Categorized in : Company News

The market has been in a back-and-forth motion for the last couple of weeks, caught between the potential for rising interest rates and its impact on the dollar and the feeling by investors that the economy is gaining some strength, oil is confusing for investors.

All the news at this point is incrementally good, it's not enough to cause a significant rise at this point. The only thing that would give us a rise now would be earnings growth. In most industries, we're not really seeing strong top-line growth.

What investors seem concerned with is that oil isn't finding a base, investors like stability, orderly rises and declines, and things like oil dropping by the types of moves it's been dropping and the volatility it creates is just a negative for some market participants.

China is a negative and Greece is a negative, certainly Greece is something investors have lived with for a while.

China is a negative and Greece is a negative, certainly Greece is something investors have lived with for a while and it's not a huge surprise.

It's a little bit of a reverse of what we had before, which was consumer-driven stocks did well and the market in general did well but energy did poorly.

The Swiss move was obviously the big move, people are trying to get their arms around what it means for the U.S. stock market, it will take some of the morning to sort out the impact of the Swiss move across the board.

The Swiss move was obviously the big move, people are trying to get their arms around what it means for the U.S. stock market, the market has taken a few-day drop and the bump in energy prices this morning is probably providing a bit of a solid bid for some of the oversold names in the energy sector. It will take some of the morning to sort out the impact of the Swiss move across the board.

Multinationals will have their earnings decreased if they aren't... by Rick Meckler

Multinationals will have their earnings decreased if they aren't fully hedged.

You also have a very strong dollar, multinationals will have their earnings decreased if they aren't fully hedged.

You had some traders take profits on the early gains once oil mov... by Rick Meckler

You had some traders take profits on the early gains once oil moved to negative.

There's a lot of things going on, but most of them are driven off the drop in oil prices, you had some traders take profits on the early (U.S. stock market) gains once oil moved to negative.

To some extent, a drop in oil prices of course is positive, but there comes a point at which people begin to be concerned whether the drop is too much, too fast and can there be unintended consequences of it?

You've seen some real volatility in everything from energy to currencies and it's had a bit of a spillover effect on the market as people try to think about the impact of these moves, to some extent a drop in oil prices, of course, is positive, but there comes a point at which people begin to be concerned whether the drop is too much, too fast, and can there be unintended consequences.