Sentiment had gotten so bad. People are wanting to start get back in.
More Quotes from Tom Schrader:
It's a broad advance today -- pretty much every sector is up. It's really just a case of ... an oversold market, but sometimes oversold markets pick up steam.Tom Schrader
They like the CPI news this morning and the action in oil markets, with oil down 2 percent. Investors are less worried about inflation, and with energy prices coming in a little bit, that will give more money for the consumer to spend.
Tom Schrader
We've kind of stalled here. Basically we've seen some profit-taking based on the gains we've had since mid-October.
Tom Schrader
The danger is that we're getting a little overextended.
Tom Schrader
You're going to see increased volatility through the end of the week, and it's probably going to be even worse Friday,
Tom Schrader
We've got earnings concerns today, and oil prices are still scaring everyone.
Tom Schrader
Readers Who Like This Quotation Also Like:
Based on Topics: People QuotesIf time be of all things the most precious, wasting time must be the greatest prodigality.
Benjamin Franklin
We live in an age when it is cheaper to buy the rights to movies than to make them.
Hayao Miyazaki
So I rang up my local swimming baths. I said 'Is that the local swimming baths?' He said 'It depends where you're calling from.'
Tim Vine