Quotations

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Ned Riley Quotes

«There's a pause today, but the bulls still have the upper hand. The economic releases continue to support the case for strong economic growth through 2004 and a continued recovery in the labor market. Yet there are still plenty of skeptical people out there, suggesting the market could continue to build on the gains.»
Author: Ned Riley
«Theoretically, the incumbent wants the economic recovery to coincide with the election, but really it's a coincidence that those years tend to be positive. I think it's more that there's a good feeling overall during that year -- everyone is promised the world and no one says anything bad to upset the markets.»
Author: Ned Riley
«This is clearly a holiday-impacted trading day, as volume indicates. I do think the market is acting extremely well. The Christmas rally that people eagerly awaited is here, but it's taking on something of a more subtle tone.»
Author: Ned Riley
«The Fed is still maintaining its supportive stance. They are not going to raise rates until the economy begins to generate more jobs.»
Author: Ned Riley
«I think the price of crude is still dominating the minds of investors.»
Author: Ned Riley
«We're nearing an inflection point,»
Author: Ned Riley
«There are worries about mechanical failures, lost ballots, all kinds of things. But I think the market is prepared for a delay in the results. I don't think it will be as much of a surprise as it was in 2000.»
Author: Ned Riley
«For all we know, the surveys are not accurate, and maybe there is no room for contention.»
Author: Ned Riley
«EBay was given no mercy after hours. Followers were very dismayed by the guidance and that clearly was no help for the rest of technology.»
Author: Ned Riley
«The jobs report is the cornerstone of the week. But a lot happens ahead of it.»
Author: Ned Riley