Unlike Tuesday's sucker punch, a real rally must be based on lower stock prices and positive changes.
I hate being part of the consensus, but right now the view that the market will go flat before finding a bottom seems like the most realistic one.
It feels like we're waiting for something good to happen with this market -- but do we even know what's good and what isn't?
Stocks have been trading in lockstep with the dollar-euro relationship, but this market needs good news out of Europe, not more bad news from the US.
Despite a blowout quarter from the equipment maker, in this market, it's futile to pick up shares until they fall -- like it or not.
No longer hostage to raw costs and consumer whims, consolidated clothing companies like Phillips-Van Heusen are premier growth vehicles.
The nation will get the money it needs only if it cedes control of its finances to the fund. That should help the euro rally and lead to a pretty good day for stocks.
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