“Oil seems to be a tad off today. One of the reasons yesterday sold off so much was having that surge in oil. We're getting a little respite from that this morning.”
“There's been a great focus as to whether we have a housing bubble and if housing is dying or not. Housing in general has been a driving force in the economy. If housing is dying, it's the end of the line for what's driven the economy.”
“The report may give a reading on the economy and, bottom line, what may happen with interest rates. We are also coming from several days of declines, so a benign report may help boost stocks today.”
“Right now it is a market of indecision. There's no clear theme to build on. If retail sales come in very strong, it is going to tip that delicate scale into the direction of a strong economy, a hot economy and higher rates.”
