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Marc Pado Quotes
«In the war of rates vs. oil, one would have to say that oil is winning out. Concerns of further rate increases are coming to fruition, yet the market has continued to push higher. Energy prices have fallen quickly and have taken out several trading support levels.»
Author: Marc Pado
«While the market was still moving higher, the internals leave much to be desired. The action is not negative, just not impressive, which leads me to believe that we are in an up-trending trading range.»
Author: Marc Pado
«While we would like to see a follow-through day, the positive implications from yesterday's rally should help reinforce a support under the market at Tuesday's intraday lows. Weakness in same-store retail sales and continued strength in crude will represent the first obstacles for the bulls today.»
Author: Marc Pado
«Consolidation is a healthy development, especially in light of the pop in crude and the worsening inversion of the yield curve.»
Author: Marc Pado
«Overall, I think what it shows is the fourth quarter, despite good profit numbers, in terms of overall economic growth was not a very strong finish to the year.»
Author: Marc Pado
«Today, we're keeping an eye on the same old catalysts, rates and crude. The drop in interest rates overshadowed a rise in crude [Tuesday] . However, crude is still well entrenched in its trading range, on a long-term basis.»
Author: Marc Pado
«Mergers are looking to help us hold our ground today.»
Author: Marc Pado
«Yields, especially on the long end, have been dogging the market in recent weeks. And retail sales down more than expected shows enough of a slowing to question whether or not the Fed needs to continue to act.»
Author: Marc Pado
«Post 'quadruple-witching', it would not be unexpected to see the market settle down a bit.»
Author: Marc Pado
«Those very short-term support levels were broken yesterday, but the supports under the current levels are substantial. Now that the Fed has made it clear that we will see one if not two more rate hikes, the uncertainty has been removed. We expect the focus to shift to first-quarter earnings results, and they are expected to be good.»
Author: Marc Pado