November has had a lot better tone to it than usual. We're seeing money rotating into the growth stocks. If I had to guess, I think people are pretty positive on the market.
We are going through kind of a start of what is typically a tough month. We are again going to be focusing more on earnings.
We've had a pretty good sell-off for the last week and a half. I kind of characterize it as a relief rally.
The consumer confidence number was not good.
There's been a lot of activity in restaurants and stores on fears there will be damage to their operations.
In general we try to cut our positions at the end of the day and even more so on a weekend. Ahead of an event like this, you're going to be a lot more conservative than normal.
Nasdaq had a pretty big pull-back yesterday, so Intel's helping today.
It's mostly just celebrating that Rita didn't turn out to be as devastating to the Gulf as feared, and energy prices are down, ... Almost all sectors benefit because people have more money to spend.
A jump in durable orders is also a plus.
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