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Tim Heekin Quotes
«Financials are picking up across the board, that bodes well for the market, ... Being such a big percentage of the indices, if people are getting behind financials late in the third and fourth quarter, that will carry the market positive in 2005.»
Author: Tim Heekin
«Retailers are still taking a hit off of Best Buy's loss yesterday and now today's data is providing some more selling pressure in the sector,»
Author: Tim Heekin
«There's a panicky feeling that the telecom weakness could spread across tech in general,»
Author: Tim Heekin
«Everything out of [Federal Reserve Chairman Alan] Greenspan and the White House has been good, ... We're at a key inflection point. The fundamental issue is: Are we going to have another Tyco or Enron? And when?»
Author: Tim Heekin
«I didn't see anything fundamental to turn us around. I think it's a combination of program buying and asset reallocation,»
Author: Tim Heekin
«The rally this morning couldn't hold up because there's just no conviction, ... There's some selling pressure there, but it's more that buyers have no religion. Tech and telecom are this huge drag on the market. People are buying very defensively in health care, chemicals, consumer products and pharmaceuticals.»
Author: Tim Heekin
«Citigroup was disappointing and financials are the worst performing group today, ... You pair that with weakness in technology and energy -- the two leaders for the market over the last eight weeks -- and you have sort of a ho-hum day.»
Author: Tim Heekin
«FedEx is a big drag today, Merck is down, steel is down, airlines are down, it's all weighing on the transports,»
Author: Tim Heekin
«It's pretty quiet today, ... We've got an FOMC meeting behind us, most of the earnings behind us, an employment number behind us. The next piece of economic news everyone will look at will be retail sales on Thursday.»
Author: Tim Heekin
«Even with the Dell news, the two themes we've seen today, and lately, have been strength in select technology -- today, that was the chip sector -- and strength in industrials,»
Author: Tim Heekin