Quotations
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Paul Mendelsohn Quotes
«I think the rise can continue a bit longer. We're going to hit some resistance soon from a technical point of view, but I venture to say that this advance could go on for a few more days.»
Author: Paul Mendelsohn
«The market remains oversold, so we're still bouncing off these support levels that we hit earlier in the week. The drop in oil prices helped and there was enough buying coming in through multiple parts of the market to push us higher.»
Author: Paul Mendelsohn
«Intel is going to have to have a very, very good report, or we could see more selling in that sector.»
Author: Paul Mendelsohn
«For individuals, inflation has been an issue for a while, but for the market, it really wasn't. Over the last few days, the psychology changed.»
Author: Paul Mendelsohn
«Corporations are starting to say that we've held costs back as much as we can, we're going to have to pass it on.»
Author: Paul Mendelsohn
«People want to put their money in companies with strong earnings, and many of these companies are expected to deliver that.»
Author: Paul Mendelsohn
«The market is still being buoyed by the energy sector. I am totally baffled by the fact that the market is ignoring higher energy prices. But at some time, higher energy prices will have an impact.»
Author: Paul Mendelsohn
«Fed officials have given no indication that they will pause at this meeting. But they may indicate in the statement that they are preparing to pause at the November meeting.»
Author: Paul Mendelsohn
«Next week is big. You have something coming out almost every day of the week that's important.»
Author: Paul Mendelsohn
«Hopes for a good report on consumer confidence today is helping stock futures this morning. Any signs of higher confidence, which turn into higher spending, will be supportive to the markets.»
Author: Paul Mendelsohn