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Paul Mendelsohn Quotes
«The HP news is clearly positive, particularly for technology, ... and if nothing negative happens overnight, you could have a higher open. But we have CPI tomorrow, and that's a big unknown.»
Author: Paul Mendelsohn
«I think the issue that dominated today was the Wal-Mart announcement, because it made investors wonder if we're going through another slowdown, ... That certainly weighed on stocks.»
Author: Paul Mendelsohn
«There's a lot going on next week, ... There's the OPEC and G8 meetings this weekend, and a bunch of economic reports that the market is going to be watching carefully.»
Author: Paul Mendelsohn
«People who have doubled or tripled their money have begun to look at the multi-nationals, ... You're seeing money go into the telecoms lately, some of the drugs are stabilizing, Coke was recently at a new 52-week high.»
Author: Paul Mendelsohn
«You're seeing a rotational move out of the high technology names that have rallied the most and into some stocks that analysts still perceive as having room to expand,»
Author: Paul Mendelsohn
«This correction is happening at an interesting time, coinciding with February's seasonal weakness and two events over the next few days that will be important both for interest rates and equity markets -- Friday's unemployment report and the G7 meeting this weekend,»
Author: Paul Mendelsohn
«The G7 meeting is probably going to be pretty contentious, ... It remains to be seen if anything comes out of it that would influence the dollar on Monday.»
Author: Paul Mendelsohn
«It's been a pretty bad month, but today was a pretty good ending under the circumstances, considering that crude oil closed at a new high and that GDP numbers were so poor,»
Author: Paul Mendelsohn
«Overall, the Intel mid-quarter update was quite bullish,»
Author: Paul Mendelsohn
«This is the first crack in the home building area, ... Home building has really driven a large portion of this economic advance, and any drop in this area of the market would have very powerful ramifications for GDP growth.»
Author: Paul Mendelsohn