Morning Stock Talk - No real gains, no real losses, no real problem
"After having a period of considerable weakness, we have now strung some strong days together that have surprised people, so I don't think anybody can be surprised that the market takes a little breather." So says Loren Danielson, Senior Vice President at RBC Wealth Management. But Danielson tells Andrew O'Day despite the fact the Dow and Nasdaq each moved above their 200-day moving averages yesterday, and the Dow reclaimed positive territory for the year, a quick resumption of gains is not assured. "I'm not confident enough to say we're at a new floor. I do think that we will continue to be data-driven." Download this Podcast (Duration: 00:06:13, Format: *.MP3) Dow Jones' MarketWatch Morning Stock Talk discusses the big stock movers, economic data and investment trends with Wall Street's top analysts, strategists and traders. Hear about what's driving the stock market from those in the know.. |