Any time you remove uncertainty, it's good news for the market. Having raised the question, the market has shifted its attention to Greenspan from earnings.
More Quotes from Marc Pado:
If you're down 10 percent and you time it appropriately, then you could be up 18 percent at the end of the year as opposed to 8 percent. That's why I'd look at whether the economic signals corroborate the technical signals.Marc Pado
Consolidation is a healthy development, especially in light of the pop in crude and the worsening inversion of the yield curve.
Marc Pado
Every time investors think the Fed is going to be one-and-done, they rally the market 100 points. Yesterday was no exception. The potential for an additional 25 basis points in June faded from over 50 to about 28. That gave the market the added juice it needed to penetrate serious overhead supply.
Marc Pado
If you're going into the worst year of a four-year cycle and heading into one of the worst months statistically of the year, then it seems like a likely opportunity for the market to see its 10 percent correction.
Marc Pado
The bulls have some work to do today.
Marc Pado
Tech might get a little direction from how people trade Cisco today.
Marc Pado
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Based on Topics: Uncertainty QuotesBased on Keywords: greenspan
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