The end result is a ho-hum year for the market.

I'd give Michigan stocks a C-. U.S. stocks didn't do much better.

Nothing has changed in the last 30 days, other than the market itself to dispel the tremendous amount of earnings growth that is taking place in technology. It's just up to the investor to decide to what degree do they want to participate.

It's more and more the sobering acknowledgement that the industry is significantly challenged.

There's a significant amount of dollars that are invested in the passive S&P 500 index approach or exchange traded funds that mimic the S&P and because Dana's dropped, there will be additional pressure on the stock.

They have moved incrementally in the right direction on the cost side. There is still a greater uncertainty on the revenue side. Just look at today's weaker sales numbers.

Tech stocks are on the sale rack. Unequivocally, investors are bargain-hunting.

This year's intense competition in the auto industry has also inspired new display designs for 60 percent of the exhibits this year.

We're long on autos, short on oil stocks.

I think the economy will surprise us on the upside because of what the Fed has done.