Quotations
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Marc Pado Quotes
«This morning stocks are looking to start the day slightly lower.»
Author: Marc Pado
«Adobe Systems issued an earnings warning that is a little light of expectations. The market has shown some true resilience, but the question is, how long can the rally last if technology [stocks] refuse to participate.»
Author: Marc Pado
«With the tax date deadline, you're getting money flows coming into the market.»
Author: Marc Pado
«The headline number probably isn't as important as the wages and average hours worked. Earnings are still the main driving force, and the jobs number is just a hurdle in our path.»
Author: Marc Pado
«We're not going to feel the impact of these rate hikes for quite some time.»
Author: Marc Pado
«It's a little bit (bond) positive because GDP did rise as expected.»
Author: Marc Pado
«Net-net, there's probably plenty of oil in the market. OPEC left production quotas, so that's a plus for the market this morning.»
Author: Marc Pado
«The 10-year has been trying to anticipate the fed funds rate. As soon as (Fed policy-makers) made it clear that they weren't going to stop at 4.75 percent, there was a big jump.»
Author: Marc Pado
«Earnings have been the driving force for the bulls over the last month, pushing the market higher in the face of rising interest rates and soaring oil prices. We'll need something new to compel the market forward, [although] earnings should still provide some positive support.»
Author: Marc Pado
«The bulls have some work to do today.»
Author: Marc Pado