the expectation is there will be a fairly strong stream of earnings disappointments in the second quarter.

Investors are back to looking at the economy, corporate earnings, and unfortunately the continued saga of corporate shenanigans,

Inflation appears to be muted,

We're beginning to come out of a recession. It's now a matter of just how meaningfully the economy can recover over the next quarter or two,

Investors are being cautiously optimistic. There's a desire to put money back into the market based on a feeling that the worst of the economy may be behind us, ... However, there's not enough evidence of that.

We're still early in the game. I think what we saw was a rally that we've seen before over the last few years. We've had big one-day rallies that didn't really show any sustainability -- so my hope is that the market will hold here.