Quotations
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Donald Selkin Quotes
«The oil issue is continuing. It has a huge effect on market sentiment and on consumer spending.»
Author: Donald Selkin
«You're seeing a knee-jerk reaction to the tremendous gain in energy prices. It's also a reaction to the contrived gain on Friday.»
Author: Donald Selkin
«The market's at the top of a range here. The earnings reporting period basically ended with Dell and now the market is waiting for a new catalyst.»
Author: Donald Selkin
«We may need some new impetus to get past the highs we've hit this year.»
Author: Donald Selkin
«We saw a 2 or 3 percent pullback in early November and it has come back since then. What could take us higher in December is a good pre-announcement season.»
Author: Donald Selkin
«In the next few weeks, if the [earnings] pre-announcement period goes smoothly, which I think it will, and the economic news keeps showing improvement, I think we can make some gains. I don't think we're going to rip-roar higher, but I think we could still make some choppy gains through the end of the year, maybe hit those psychological round numbers by the end of the year -- 2,000 on the Nasdaq, 10,000 on the Dow.»
Author: Donald Selkin
«The silver lining on this is that it confirms that the Federal Reserve will not be raising interest rates anytime soon, which is good news for the market.»
Author: Donald Selkin
«Intel's news will have an impact on tech tomorrow, but it's going to be overshadowed by the jobs report.»
Author: Donald Selkin
«If it comes in too weak, you get worries about the economy. If you get a blowout number, everyone will get obsessed about interest rates again, the bond market will go into a tizzy, and stocks will slide.»
Author: Donald Selkin
«It was a very disappointing session. You would think after all these down days we would get a bounce, but when the market gets in a funk, it puts a negative interpretation on everything and finds any reason to sell off.»
Author: Donald Selkin