Quotations
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Donald Selkin Quotes
«All these earnings look pretty good. But after the huge stock run last year and the expectation of the good earnings, I think you're seeing a bit of that old 'sell the news' reaction.»
Author: Donald Selkin
«By November, the bulk of the third-quarter earnings will be out there, and we know that they've been pretty good. But for stocks to go higher, we're going to need another catalyst. Expectations for a strong fourth quarter could do it, positive comments on the holiday season could do it, but really, I think it's going to be the economic news.»
Author: Donald Selkin
«If we show a build on the slight improvement in the labor market we've seen, if the economy continues to grow, there will be a decent November.»
Author: Donald Selkin
«I'm not so sure that the rally was commensurate with the news out of the Fed. They seemed to say that they're going to keep rates low for a long time, which wasn't a surprise, but maybe people felt better seeing it spelled out more clearly.»
Author: Donald Selkin
«If we can go steady for the rest of August and September, we could set ourselves up for a nice rally in October.»
Author: Donald Selkin
«I think the Fed meant to say something reassuring about the economy, but the result was very confusing.»
Author: Donald Selkin
«There's a lot of skepticism among professionals that too many people are trying to jump in -- so it could be a sign of the top.»
Author: Donald Selkin
«It's a special situation. Individual stocks that are heavily weighted are doing well.»
Author: Donald Selkin
«Even though the averages themselves are doing nothing, there are some special situations going on here. There's a lot of action away from the averages.»
Author: Donald Selkin
«We're trying to go the distance for a change, but we're basically hostage to these geopolitical events. We're not going to sustain anything consistently on the upside until we get a resolution to this thing.»
Author: Donald Selkin