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Donald Selkin Quotes
«The market looks ahead, and maybe investors are worried that between the higher interest rate picture and the decelerating profit growth, the market may have a tough time advancing.»
«This thing with the oil is nutty. Even the president of OPEC says prices should be $10 to $15 lower than they are. It has very little relation to the supply and demand statistics.»
«Prudential upgraded the semiconductors and that got the sector going. This was the revenge of the nerds. The most beat up, pathetic stocks had one of their up days.»
«If we can hit these economic numbers and the earnings are good, and we can chug a little higher this week, that would be helpful. The wild card is still oil.»
«The reports after the bell looked pretty good, including Texas Instruments, and that should probably help the techs tomorrow.»
«Individual stocks can go up, but the market is too overbought internally and there is too much complacency for a rally.»
«I think we'll bounce in this same range. I don't think the rest of the earnings will allow us to bust out of this range... I don't see where we would get the strength to push us beyond those highs.»
«We're just kind of grinding in place.»
«A slowdown in GDP could inject a note of caution in copper and the other metals. All of the metals are a down a little bit today.»
«The fact that the Dow crossed 11,000 this week and held it is important for sentiment.»