Todd Leone Quotes (11 Quotes)

GM has just been a big dog. It can't get out of its own way. It's going to be a 'show me' kind of stock, until they show us they're actually not going out of business.

We're seeing a reversal. We had a nice run-up, but now we are giving back the gains.

Volume is very light. You get days like this, and anything can move.

(It looks like) people came in and read about the bin Laden stuff and might have gotten a little nervous. Oil is up again, and you've got earnings too.

A lot of what has happened has been caused by the quadruple witching. You might have seen people unwinding their positions yesterday and so today they come in little bit.

You had good news on Philip Morris. We had a great move, but the market sold off.

The wording of the Fed statement is going to be important to see if the Fed is going to (step back for a while) or if they are going to continue raising interest rates.

People are asking themselves why they should be in the stock market if they can get a 5 return safely.

The president of the Philly Fed is saying the Fed has to adapt to changing circumstances, ... With what's going on in New Orleans, I don't think the Fed can raise rates.

Oil moved higher, which kind of hurt us. We're in a kind of a tight range today, nothing really exciting about the day.

Inflation is still relatively benign. Yields are down, which is helping. People are getting out of bonds and probably putting some money to work in equities.