The market is naturally settling in, taking a breather until the scales tip either way to commence the next move to continued to new heights or a consolidated pullback, it's a pause before the next set of impactful numbers come out, highlighted by the jobs report on Friday.

Andre Bakhos

Categorized in : Company News

Anytime we have events like that, it tends to rattle investors because of the uncertainty of what it all means, it creates a cause for a pause until investors get more information.

Andre Bakhos

company-news

You have a little pullback this morning and I don't see it as anything more than that, unless something material, i.e. the Fed goes back on their word, come Wednesday.

Andre Bakhos

company-news

You have a little pullback this morning and I don't see it as anything more than that, unless something material, i.e. The Fed goes back on their word, come Wednesday, right now, it looks to be like a healthy pullback and a little profit-taking off the strength on Friday.

Andre Bakhos

company-news

The factors that have been driving the market have been some bargain hunting, some short covering and speculating off the belief that we have seen the worst of things, investors are taking a pause, stepping back and looking at what's the next driving element.

Andre Bakhos

company-news

The market is being driven by oil, technicals and on pure emotion rather than tangible fundamentals, notwithstanding the recent rally, we're starting to enter a period that's going to give us greater volatility, choppiness and erratic behavior.

Andre Bakhos

company-news

Investors are taking a step back, evaluating what's been going on ... and for the moment, there's a lack of negative news and some stability in oil.

Andre Bakhos

company-news

Friday we had a strong rally, so in come the short covers, the bargain hunters, the ones hoping that oil has bottomed, the question for market participants now is what is going to keep attracting buyers.

Andre Bakhos

company-news

By no means is this indicative of the worst is over, we've had a very erratic, choppy start to the year and the China news is going to give investors a reason to do some short covering and something to hang their hats on.

Andre Bakhos

company-news

The early enthusiasm is being driven by some optimism coming out of China, we've had a very erratic, choppy start to the year and the China news is going to give investors a reason to do some short covering and something to hang their hats on.

Andre Bakhos

company-news

A relief rally would be expected at some point during the recent precipitous fall.

Andre Bakhos

company-news

It's become apparent that the concern about oil prices is raising a level of doubt that there might be more to it than just oversupply.

Andre Bakhos

company-news

Those are violent New Year fireworks. That's quite a way to start the day off.

Andre Bakhos

company-news

Those are violent New Year fireworks. That's quite a way to start the day off, right now, the focal point is China, the global economic condition, and the fact that we're coming off a disappointing year on many levels, a frustrating year on many levels, only to walk in and have the( S&P) futures down 35 points.

Andre Bakhos

company-news

Due to the holiday week, attendance will be light, but the ability to move things around is easier at times like this, so while we normally think that nothing is going to happen, it is easier to make things happen.

Andre Bakhos

company-news

There looks to be like a little relief bounce this morning as we move into the last two weeks of the year, it's a fickle market. All you have to do is look at what we've done for the year and whatever you're going to see today, there's lower confidence in the direction of any move.

Andre Bakhos

business

I would use the word 'relief' that oil is not down, that is a good thing, what the Fed does and says tomorrow could change everything on a dime.

Andre Bakhos

company-news

Oil is serving as a bellwether for the global economy and could be a sign of things to come, today's trading action will be tied to oil and could be erratic and choppy.

Andre Bakhos

company-news

The Fed has painted themselves into a corner and if they don't raise rates then they're basically saying the economic recovery isn't strong enough.

Andre Bakhos

company-news

We're coming off a very strong performance, a market that has shown tremendous resilience and a strong propensity of coming back.

Andre Bakhos

company-news

We're coming off a very strong performance, a market that has shown tremendous resilience and a strong propensity of 'coming back', chances are, the bulk of the action will take place Monday and Tuesday and then (traders) will turn their machines off.

Andre Bakhos

company-news