Quotations
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Marc Pado Quotes
«If you're down 10 percent and you time it appropriately, then you could be up 18 percent at the end of the year as opposed to 8 percent. That's why I'd look at whether the economic signals corroborate the technical signals.»
Author: Marc Pado
«Airlines and industrials are gaining from lower oil. Discounters are responding not only to a drop in oil prices but also to Wal-Mart's statement that it will meet September sales expectations despite higher gasoline prices,»
Author: Marc Pado
«The market is down as crude prices are up because of the approaching hurricane, which could hurt production, and then tomorrow's FOMC meeting is also going to be important, ... I think the Fed will do 25 basis points but then the commentary will be important and they have to open the door to a rate pause.»
Author: Marc Pado
«Airlines and industrials are gaining from lower oil. Discounters are responding not only to a drop in oil prices but also to Wal-Mart's statement that it will meet September sales expectations despite higher gasoline prices.»
Author: Marc Pado
«Window dressing should focus on the groups that have done well this year. Energy, technology, financials, and industrials have provided leadership. Even those groups that have underperformed for the year have picked up quite a bit in the last quarter.»
Author: Marc Pado
«Energy, technology, financials, and industrials have provided leadership. Even those groups that have underperformed for the year have picked up quite a bit in the last quarter.»
Author: Marc Pado
«It looks like some seasonal New Year's buying will give the market a bullish start, but this January faces many negative technical obstacles.»
Author: Marc Pado
«The good jobs report bought the bulls a reprieve, and now it is up to earnings to carry the torch. We're still heading right into the seasonally weak February and March months in a bearish midterm election year with rates rising and oil prices rallying. Januaries tend to start strong, but it is how they finish that matters.»
Author: Marc Pado
«It will take some strong earnings and bullish forecasts, as well as positive economic data, to keep the rally going. There are plenty of economic data and earnings releases to sway market opinion from hour to hour and day to day. Behind it all, there is the rising threat of geopolitical tensions with Iran and higher interest rates out of the Federal Reserve.»
Author: Marc Pado
«The market had been ignoring the recent run in crude, brushing it off as temporary emotional buying as a hedge against economic sanctions against Iran. Whatever the reason, oil is back up against all-time highs, and that was making the markets nervous.»
Author: Marc Pado