“Prolonged confusion in the U.S. presidential election and the growing possibility of a political crisis here mean investors are generally holding back.”
“European gains should take away some of the doomsday mentality, but investors will be jittery wondering how U.S. stocks will react. There's still much selling left undone.”
“There's not disappointment here, but also nothing to move the market. We still hold out hope for reform and will continue to watch developments carefully.”
“We should take a step back today, given rising tensions over North Korea and the subsequent fall in New York. And after rising last week for no fundamental reason, we may be due for a fall.”
“Buyers are on the sidelines with the U.S. third quarter earnings announcements picking up speed, and more loss warnings are expected from Japanese companies.”
“You can't ignore the fact that concerns about U.S. economic growth are starting to spread. We've reached a point where it's hard to justify aggressive buying from here.”