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Paul Mendelsohn Quotes
«The PPI is important because it's the first piece of real inflation data of the year. And while the PPI has been rising, the CPI has not been keeping pace. Corporate America must be getting squeezed in the middle.»
Author: Paul Mendelsohn
«You probably just have some profit taking on people who've made some money on this move from 1,260 to 1,290 are on the S&P 500.»
Author: Paul Mendelsohn
«The market looks good here on a technical basis, but you're also starting to approach some overbought areas, which could send us lower.»
Author: Paul Mendelsohn
«Investors appear to be taking profits in the technology, energy and materials sectors. In addition, financial stocks could come under pressure as rising yields on intermediate-term Treasuries begin to have a negative impact on the mortgage market and credit card debt.»
Author: Paul Mendelsohn
«This morning we're being dominated by two factors -- positive news across the pond and a little bounce off of yesterday's sharp sell-off.»
Author: Paul Mendelsohn
«It's going to be a really busy day. All of this means you're probably going to see a lot of volatility.»
Author: Paul Mendelsohn
«We saw a breakdown in financial stocks today. Banking stocks ran into some selling as we tried to push higher. We also had a pullback from the earlier rally in the technology, semiconductors and oil stocks.»
Author: Paul Mendelsohn
«We're stuck in a tight range with a lot of volatility as we try to break out.»
Author: Paul Mendelsohn
«The start of the week is all about the Fed and the end of the week is all about the economic data. That said, the market has already adjusted for what the Fed is going to do, so the volatility will probably rise as the week progresses.»
Author: Paul Mendelsohn
«It's going to be a quiet open as most of the traders have already put positions based on their expectations on what they believe is going to happen this afternoon.»
Author: Paul Mendelsohn