There are no real reasons for the stocks to fall, but turnover stays fairly low and they are slipping.
The market is kind of confused. There are a lot of question marks around that are causing nervousness and investors are being more conservative.
The fall in oil helped diminish some nervousness over inflation.
It's a scenario where everyone is nervous and pessimism creeps in. On the positive side we are looking very cheap.
Trading was nervous today; turnover improved a lot. The market is talking a lot about changes in the main index. Many say that some big companies may lose some weighing.
The metals sector is red-hot. The economy is growing, companies are working at full capacity and there is demand. For many, buying steel companies is also a way to invest in durable goods.
The third quarter corporate results are very good this time, which so far found very little reflection in stock prices. Stocks are cheap and people are buying in a calmer market to fill year-end portfolios.
It gets better there and it gets better here, it falls there and we fall here.
The market was taking its cue from investors' mood outside. There was concern about the economic numbers that came out today.
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