I think traders are quick to take profits right now, because what else is there that stocks can do for an encore in the short term? We're still in an uptrend, but the probability right now, from a technical standpoint, is that we're going to have a little more selling.

I think traders are quick to take profits right now, because what else is there that stocks can do for an encore in the short term? ... We're still in an uptrend, but the probability right now, from a technical standpoint, is that we're going to have a little more selling.

The market is still under a cloud right now. There's no real catalyst to take it higher.

Right now, the market is in a bit of a fog, as it's being pushed and pulled in different directions.

Stocks have priced in a lot of good news right now and you're seeing that in effect. Good news is bad news and bad news is bad news.

There's disappointment about the economic reports right now, but my sense is that this is going to be short-lived. The overall economic trend is higher, with the exception of the labor market, so it seems to me that declines are going to be used as an opportunity to buy.