TheStreet's Jim Cramer says he is cautious about Delta (DAL) because the airline itself is cautious. He says United Continental (UAL) is setting a high bar. When it comes to cost, Cramer says oil seems to have peaked at the moment.
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How quickly do we find support, is what we'll want to know now, as the correction is occurring while economic optimism builds.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.