There's optimism about earnings, the fundamentals continue to look good and hiring seems to be picking up. The geopolitical situation is the only thing I can see that could be a real negative. Depending on what happens in Iraq, Bush's credibility could be in question.

Donald Selkin

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I think we'll consolidate around these levels, maybe pull back a bit next week, but nothing much.

— Donald Selkin

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I just think we can't seem to get out of that range we're in. We're in a seasonally difficult time of the year. All the good news is in the market ... it needs a new catalyst.

— Donald Selkin

Next week is the big one for earnings. You've got Microsoft, Intel, all the banks.

— Donald Selkin

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It's really impressive. It just keeps going, regardless of what the news is. If there is any pullback, it's going to be minor.

— Donald Selkin

The good thing is that the trend remains positive.

— Donald Selkin