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Michael Sheldon Quotes
«I think that next week, and in fact for the next few weeks, the markets are likely to remain in a trading range, with many of the same issues still in place.»
Author: Michael Sheldon
«The optimist would say we're in the early stage of a broad rally, the pessimist would say this is a dead-cat bounce and markets are going to head lower as oil heads toward $50 a barrel.»
Author: Michael Sheldon
«The market's acting a bit better today after basically five weeks of selling, particularly in tech.»
Author: Michael Sheldon
«My sense is we continue to see this correction over the next few weeks, but I think once we get through this period and some of the March data starts to come out, stocks will move higher.»
Author: Michael Sheldon
«If you take all those comments together, it implies the Fed is less worried about deflation and more about inflation, all of which sets the stage for higher rates.»
Author: Michael Sheldon
«I think the fact that Greenspan brought the issue of a declining dollar, global trade imbalances and protectionism to the forefront adds to the pressure today.»
Author: Michael Sheldon
«Given that tech companies are already trading at pretty high valuations, these companies' earnings are going to have to really deliver for the stock prices to show a substantial reaction.»
Author: Michael Sheldon
«We're really seeing almost a stealth rally today. Some of the most beaten-down groups of the last few days -- like airlines and retailers -- are seeing gains. But it's not just them. Five out of 10 S&P 500 groups are up at least 1 percent.»
Author: Michael Sheldon
«The news from Cisco was disappointing for tech investors,»
Author: Michael Sheldon
«Right now, I think the market needs a catalyst in order to get out of this difficult environment. Hopefully if oil prices continue to decline and move back into the mid $50s, that could turn sentiment more positive on Wall Street.»
Author: Michael Sheldon