Quotations
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Marc Pado Quotes
«But, for the most part, we're looking at a market that is in a consolidation phase after two weeks of a very strong run.»
Author: Marc Pado
«It's going to come down to how sales are pre-Christmas, what we hear from the retail sector, ... I would expect next week, while remaining positive, to have not as robust a move as we saw this week.»
Author: Marc Pado
«Tech might get a little direction from how people trade Cisco today.»
Author: Marc Pado
«It will impact the Dow but on broader basis it won't do much to the market. I think there are much bigger factors today such as the semiconductor index above its 200-day moving average and it faces some cautious comments out of Merrill,»
Author: Marc Pado
«Any time you remove uncertainty, it's good news for the market. Having raised the question, the market has shifted its attention to Greenspan from earnings.»
Author: Marc Pado
«Any time you remove uncertainty, it's good news for the market,»
Author: Marc Pado
«There is very little economic news out this week, and nothing is due out today. All eyes are on the Fed.»
Author: Marc Pado
«These were reassuring statements by the Fed, ... I think what the market ultimately fears is inflation. What makes assets worth less in the long run is inflation. What the Fed is effectively saying is, 'We won't let prices get out of control.'»
Author: Marc Pado
«There was so much expectation built in for the stock ... I think that the expectations were about as high as they could get for it. I think it was a case of buy on the rumor and sell on the news.»
Author: Marc Pado
«We are facing a large number of Katrina-related warnings, ... The market is just coming to realize that it is going to be a tough September.»
Author: Marc Pado