Quotations
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Michael Sheldon Quotes
«The market is trying to find its footing here, amid what has been a poor start to the year.»
Author: Michael Sheldon
«With equity markets closing at their lows of the day Tuesday, the likelihood is that trading may get off to weak start on Wednesday morning.»
Author: Michael Sheldon
«It's been a choppy few weeks. While the Dow and the S&P 500 have started to perform better, the Nasdaq is still below its 50-day moving average and its January highs.»
Author: Michael Sheldon
«Despite the Democratic National Convention, the biggest story of the week has been energy prices. That's prevented the market from seeing a bigger rally off these oversold conditions.»
Author: Michael Sheldon
«I think the number is likely to be below the median estimate.»
Author: Michael Sheldon
«There's a major rise in oil prices, increased investor worry about the upcoming earnings season and you're also seeing some profit-taking after the market's six-week run-up.»
Author: Michael Sheldon
«The market is very oversold right now and I expect it to move higher over the next week or two. But beyond that, it's going to be very difficult for it to make much headway until we get a clearer sense of how much the Fed is going to move.»
Author: Michael Sheldon
«The market's trying to stabilize. We're seeing some strength in a few of the beaten-down sectors, including technology and basic materials.»
Author: Michael Sheldon
«Intel's numbers were clearly disappointing, as is reflected in the futures. The one thing is that you never know what will happen to the market given that the monthly jobs report comes out before the bell.»
Author: Michael Sheldon
«I think the last few weeks have probably been frustrating for investors. Earnings have been very positive, but the focus has been on interest rates. Over the next few sessions, it looks like the fear of higher interest rates will probably outweigh the earnings.»
Author: Michael Sheldon