We continue to have uncertainty because what he focused on didn't really help the market draw inferences about what next week's move is going to be. We thought today might give us a hint, instead he focused on tax cuts and other things.
More Quotes from Kate Warne:
I think we're going to see a lot of volatility as the market tries to sort out where the new leadership will come from.Kate Warne
Pullback time. All the leaders turned tail and ran.
Kate Warne
Clearly, the people who are buying growth stocks are saying the good news from a series of interest rates in the U.S. and Canada will mean inflation remains under control. The overall sentiment today was basically optimistic.
Kate Warne
This is the time to be buying integrated oils.
Kate Warne
I'm surprised that technology has continued to be on a tear so strongly today because it's the rapidly growing stocks that will in fact be hurt if interest rates are increased.
Kate Warne
I don't expect them to stay that high for long but it wouldn't surprise me if they moved higher before they drop, just because we do have lower inventories and it's not likely OPEC's going to raise production any time soon,
Kate Warne
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