Once things get through the day-to-day digestion period, broadly speaking the market is still pretty good, ... The trend to lower energy erases some of the fears of how long consumers can hold up. It gives the market enough to fear but sets us up for gradual appreciation going into year-end.

On the whole, economic data was pretty reasonable and the market is responding as you might expect.

Folks still remember the day ole Bob Riley came bouncing down that dirt road in his pickup. Pretty soon, it was bouncing higher and higher. The tires popped, and the shocks broke, but that truck kept bouncing. Some say it bounced clean over the moon, but whoever says that is a goddamn liar.

We had a nice day. It was pretty much a team effort. We were disqualified in the shuttle hurdles relay but scored pretty much in every other event.

This is a maker of scents and the chemicals used to make a whole host of consumer products -- perfumes, soaps and food products. I like companies where their customers that are actually generating the demand, ... It has very high returns on capital, a good business and a reasonable valuation.

The economic data points to the Fed stopping (rate hikes) sooner rather than later, and that's encouraging.