I don't know why not. It just seems like there's nothing behind the market. And it also seems like the Dow has a Fairy Godmother. Even today, it seemed to be struggling to get back to 10,000 at the close, although it didn't quite make it ... under very light trading.
Actually, I think the analysts are perplexed, although they must be dumber than previously thought if they can't figure it out. With companies like Microsoft and Amazon yesterday, they were scratching their heads and probably other parts figuring why the results weren't better.
I think the retail industry is going to really suck wind this holiday season. Black Friday should be a real interesting indicator on the level of spending to occur throughout the rest of the year. Until Obama is out, or at least Congress is under better control, I don't expect any sustainable improvement. Just one long roller coaster ride.