And because it's such a low liquidity week and a lot of people are on vacation already, you're unfortunately going to see more of the same as the week goes on.
More Quotes from Michelle Clayman:
Earnings have been pretty astonishing, but the market hasn't always responded to that. I think people are feeling better about tech earnings in particular, but we still have worries about interest rates and what that might do to the recovery.Michelle Clayman
People are looking for a pretty good earnings pick-up in the second half of the year. The rate cuts are certainly going to kick in.
Michelle Clayman
The run-up is probably due to a number of factors.
Michelle Clayman
Last week was down, so some of today is a reaction to that, with a bit of a bounce.
Michelle Clayman
Yesterday, it felt like the whole world was changing, but today we're seeing that we're still going to have to deal with all the same things as before. The Bush administration is expected to announce an economic stimulus package next week, and that may buoy the markets. But there's still tremendous uncertainty on the international front and until that's settled, stocks are probably gonna tread water.
Michelle Clayman
Economic data has shown us that we're not out of the woods just yet. We suspect that April too will be weak. ... What we need is a clear sign of economic activity picking up and companies willing to spend.
Michelle Clayman
Readers Who Like This Quotation Also Like:
Based on Topics: People Quotes, Vacation QuotesI worked with such concentration and focus and I had hundreds of obscure engineering or programming things in my head. I was just real exceptional in that way.
Steve Wozniak
Every day, in every way, I'm getting better and better.
Emile Coue
Old age is no place for sissies.
Bette Davis