Explore Quotations, Proverbs & Sayings

«Bill Gross may have the most fixed-income assets on the planet but his ability to forecast what the Fed may or may not do is not very good,»

«We've left ourselves without support as we're breaking to new lows for the year,»

«What I don't want to see is the Dow fall below that October low, because then you're in danger of seeing a Dow 5,000 scenario.»

«We could be looking at the mirror image of what happened in April of last year, where we got above the 50-day and 200-day averages and then the trend turned up. The risk of rolling the other way is the opposite [of that action].»

«I think we've set the stage for a year-end rally.»

«If we fall below 7,700, we're looking at a potential fall to 7,200, where it was in October. That's a 500 point range, but it's one we could stay in for a while.»

«It's not a big roaring bull market. It's just a slow but steady climb towards resistance in terms of the Nasdaq. We could get up to 4,400 or 4,600 by the end of the quarter. In terms of the Dow, we're getting closer to resistance and we're in the zone. Maybe we can go up another couple of hundred points.»

«If you are a short-term trader you like to see some more gyrations. But certainly from a longer term perspective you want to see the market broaden out, have a very nice looking pattern to it technically so that you are not getting hurt too much in a market that's going to grind higher. It looks like that will continue. My theme is productivity. The Federal Reserve stated that that is a very important point in moving the economy forward. The Fed will allow a stronger growth rate as long as productivity gains remain strong. And I think that's going to be the case.»

«The market is looking for that soft landing. If we can get through the productivity unit labor cost next week, and they are benign, and it takes the Fed totally off the radar screen, then we'll get a relief rally, but not a bull market. So we're in a non-bear market, non-bull market. We're in a trading-range environment.»

«As we get closer to the quarter-end, if the Federal Reserve does not raise rates, and even indicates a neutral bias after that, you will have a quarter-ending window-dressing rally like you've never seen before,»