Quotations
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Al Goldman Quotes
«Investors will be focusing on Iran and any developments there, as it might have implications on the price of oil, and of course, the future of the world.»
Author: Al Goldman
«The main impetus behind the selling was the employment figures. Even though we created 193,000 new jobs, which was less than consensus, the unemployment rate falling to 4.7% points out that the labor market is very tight and this has conjured up concern the Fed may not stop at 4.75% on Fed funds but maybe it will go up to 5%.»
Author: Al Goldman
«We had a very big celebration yesterday but there is still a lot of fear in the market. We got above 11,000 and now we're retesting it in a very normal pause to refresh.»
Author: Al Goldman
«Today's rally was supported by better-than-expected earnings reports and strong economic data.»
Author: Al Goldman
«The mood in the market is one of a high level of caution. When you get some selling coming in, it's almost like a chain reaction -- it builds on itself.»
Author: Al Goldman
«We have a very nervous investment environment. The excuse is bond rates are up and there is increased concern about the financial futures market, which appears to be predicting three more rate hike for the Fed funds.»
Author: Al Goldman
«We have a very nervous investment environment.»
Author: Al Goldman
«The report was a sign that the Federal Reserve may not need to increase interest rates as high.»
Author: Al Goldman
«The message of the market today is that there is a lot of money on the sidelines and that money was looking for a reason to buy. And the main reason to buy is that we're going up. Momentum builds on momentum.»
Author: Al Goldman
«The big change in this market the last month or so has been a mood shift from 'the glass is half empty' to 'the glass is half full', and that's why we've had a good rally and a very modest time-out to catch our breath.»
Author: Al Goldman