I think overall the perception is that the payrolls number is OK, because at least the Fed is now going to stay put on interest rates.
More Quotes from Robert Long:
Concerns about the weak February payrolls tally and the terrorism scare in Madrid were cited as reasons for the declines last week, but the market had been setting itself up for a pullback anyway. With that correction past, you're seeing people buying on the dips.Robert Long
In retrospect, the number is what Wall Street wanted. It's strong enough to suggest the labor market is starting to improve, but it's not so strong as to create worries that the Federal Reserve will need to raise interest rates sooner rather than later.
Robert Long
I think we're pretty near the bottom. We need to see a few more days of gains on strong volume, but I think we're getting near the point when people are going to focus again on the fundamentals, which remain really strong.
Robert Long
There's a lot of optimism about the earnings due in the next few weeks, and right now that's concentrated in technology, with people feeling upbeat about tech earnings and spending, which is why you've been seeing the Nasdaq perform a little better than the others this last week.
Robert Long
We'll probably have a couple classes every month until the end of the year.
Robert Long
There are some genuinely problematic reports out today, like Merck, but there's a lot of good stuff, too, and people are taking some pretty decent earnings and focusing on the negative,
Robert Long
Readers Who Like This Quotation Also Like:
Based on Topics: Sense & Perception QuotesBetween Clive Owen winning at the Golden Globes and the British Academy announcing its nominations, of which Sideways received only one, I'm feeling pretty humbled these days.
Thomas Haden Church
Unrest of spirit is a mark of life.
Karl A. Menninger
Present annual world energy consumption is about equal to the annihilation energy of 4 tons of matter.
Barney Oliver