It will be one of those days where we wait and see and hope and pray that tomorrow's CPI data will not be taken with too much negativity.

We're going to see more of the same for the next few weeks, unless something comes in that indicates a pick-up in activity in the economy or on the corporate level.

Ned Riley

But after all the corporate governance issues, there's a tendency now of erring on the side of ultra-conservatism in terms of what companies say about future quarters and that's going to continue.

Ned Riley

This is sort-of the real dead period for the quarter and it's also the summer, and a lot of people are on vacation.

Ned Riley