Morning Stock Talk - Springer: The Dow should have been up 300 today
"Everybody is looking for evidence that the economy is getting better," says Keith Springer, president of Capital Financial Advisory Services. Springer tells Andrew O'Day this morning's stronger than expected reading of durable goods orders "should have sent this market higher by 300 points." Instead, "it's not instilling the amount of confidence that a number like this should." Springer says he is getting nervous about this market. "There is a lot of technical breakdown in the market. I happen to be the most worried I have been since I went bullish on March 11th." Download this Podcast (Duration: 00:07:36, 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.. |