You heard one after another during the earnings season talk about the difficulties - they're cutting, they're closing stores, the fact of the matter is there have been questions about retail spending, and valuations overall in consumer discretionary were rich.

Quincy Krosby

Categorized in : Business

From Yellen, markets want to know whether or not she continues with that direction, any color that you can give to the debate on expectations for liftoff will certainly be picked up by the market.

Companies have been more interested in share buybacks than capex. by Quincy Krosby

Companies have been more interested in share buybacks than capex.

I think that hearing assuaged fears - at least for now - that we were headed for overturning of Obamacare.

These numbers suggest the underlying strength in the economy continues and that will manifest itself in GDP growth.

The proof is that oil turned down and the market said, 'Oh, that was yesterday's news, today we're moving ahead,'.

The anxiety over the Fed meeting has abated for now, with the Fed using that word 'patient', you had the beginning of the proverbial Santa Claus rally.

Some of those who were caught in the meat grinder of what happened with energy ... may be wanting to make up for performance now.

Perhaps markets think the Fed will not be as on-schedule on takin... by Quincy Krosby

Perhaps markets think the Fed will not be as on-schedule on taking out that language.

We'll wait to see the trend next week when there's full market volume, however it's clear that as oil prices come down there will be pressure for the weaker of the companies in the sector, particularly exploration and the ones that are highly indebted.