The bulls had a real opportunity. Earnings continue to roll in, and for the most part they are in-line or better than expected.
More Quotes from Marc Pado:
Even though the figures were revised slightly lower, investors were relieved because the data won't provide the Fed with an excuse to continue raising rates past January.Marc Pado
Obviously the Iranian thing is a wild card and nothing's going to get resolved in the short term, but the earnings are really what's key to the market and any longer-term perspective.
Marc Pado
The market is down as crude prices are up because of the approaching hurricane, which could hurt production, and then tomorrow's FOMC meeting is also going to be important, ... I think the Fed will do 25 basis points but then the commentary will be import
Marc Pado
It's going to come down to how sales are pre-Christmas, what we hear from the retail sector, ... I would expect next week, while remaining positive, to have not as robust a move as we saw this week.
Marc Pado
There is no question that the tone has turned more positive. We haven't broken out yet, but the markets are poised. Now all we need is for the news to hit the ball out of the park, and it needs to be perfect. Crude is still high and the yield curve is still flat, but the market's focus is on other things right now.
Marc Pado
There was so much expectation built in for the stock ... I think that the expectations were about as high as they could get for it. I think it was a case of buy on the rumor and sell on the news.
Marc Pado
Readers Who Like This Quotation Also Like:
Based on Topics: Opportunity QuotesThere's a lot of lying and these are people who are incredibly flawed, and not in very sort of empathetic ways, either. Some of the things they do are pretty awful and some of the things they do to each other are pretty awful.
Will Arnett
I can see clearly now, the rain is gone. I can see all obstacles in my way.
Johnny Nash
Bad human communication leaves us less room to grow.
Rowan D. Williams