“These are very strong numbers. This is very good for the stock market. We saw it rally. It looks like it will continue to do so.”
Phil Flynn
“The CPI number this morning sparked a rally in both stock and bond markets, ... But beyond the initial reaction, I think we're going to remain stuck in this range until other issues get resolved.”
Timothy Ghriskey
“The CPI number this morning sparked a rally in both stock and bond markets. But beyond the initial reaction, I think we're going to remain stuck in this range until other issues get resolved.”
“The recent rally in the stock market might be captured (in the numbers).”
Anthony Crescenzi
“Some late talk was circulating that they would move their bias. We also saw the market rallying strongly into the decision and we sold off on the disappointment. I believe we're more on the way to a soft landing.”
Donald Selkin
“We buy strong stocks on pullbacks and sell them into rallies,”
Marc Friedfertig
“The best thing I can say with today's rally is that the breadth was improved, with more stocks participating. I think we have the potential to see a rally of up to 3 percent in the short term, but there are a lot of overlays.”
Brian Bensch