The choppy trading in stock continues today as sellers came back following yesterday's positive move. Keith Bliss of Cuttone says the market is shifting back to a fundamental approach as the Federal Reserve starts to back out of the market. Bliss points out that companies with positive guidance on sales and revenue are getting a better response than companies that can only beat analyst estimates. Bliss also thinks the Fed will taper by another $10 billion.

Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.

If you liked this article you might like

Market Is on the Straight and (Very) Narrow

Look Back to Go Forward

Stock Observations; Reviewing Equities: Doug Kass' Views

Even North Korea's Kim Jong Un Can't Stop This Epic S&P 500 Stock Rally

Robots Might Be Biggest Obstacle for Stock Market Bears