This morning, we were able to sustain momentum somewhat off of some good earnings reports. But the pattern still hasn't broken entirely that people are looking to sell into the rallies. The concerns continue to be inflationary.
More Quotes from Larry Peruzzi:
This morning, the market tends to be looking past that a little bit.Larry Peruzzi
Consumers are beginning to feel the impact of higher oil prices in their pockets. Less confidence means less spending and no wonder we have been seeing shares of retailers and banks faltering.
Larry Peruzzi
We need to see a decent number of earnings coming through with good numbers before we see the market able to hold a rally.
Larry Peruzzi
It's a number kind of closely watched by the Fed. It's a big factor in the rate decision-making, so the fact that it came in line is a positive trend.
Larry Peruzzi
If we saw a milder winter, or a reduction in energy prices and commodity prices, that will certainly increase the consumers' discretionary income and spur interest in retail stocks. Retailers need to be more creative in figuring out ways to bring consumers back into the stores.
Larry Peruzzi
Readers Who Like This Quotation Also Like:
Based on Topics: Morning Quotes, People QuotesSometimes I listen to songs by very smart writers who assume that the world is a civil place with certain formalities that people follow, but I don't see things that way. My own experience tells me that life is not like that.
Suzanne Vega
Happiness lies neither in vice nor in virtue; but in the manner we appreciate the one and the other, and the choice we make pursuant to our individual organization.
Marquis de Sade
Music, I feel, must be emotional first and intellectual second.
Maurice Ravel