Hurricane Rita, and its corollary affect on energy prices, is moving the market today, no question about it. Uncertainty is poison for the market.
More Quotes from William Hummer:
It's a good time for those who are inclined to take gains to realize them now if they're going to do it anyway -- I don't think the market's going anywhere for a while.William Hummer
Intel gave us a good preview of the quarter, but oil suffocated the positive news.
William Hummer
Stocks that have minimum exposure to higher interest rates.
William Hummer
We're entering a seasonal period now, pre-Thanksgiving, pre-December holidays, where we often see a stock advance,
William Hummer
There's no end in sight as the Asian crisis will go on for years and this is having a major effect, ... It will trim earnings probably more substantially than many economists expected.
William Hummer
This is a disconnect job growth is psychologically and practically the core of what's happening in the economy. In sharp contrast, the oil price is volatile. It's certainly not meaningless, but it's subject to so many variations that it doesn't have the same importance.
William Hummer
Readers Who Like This Quotation Also Like:
Based on Topics: Energy Quotes, Uncertainty QuotesBased on Keywords: corollary
We all agree that parents have the primary responsibility of filtering the material that reaches children. However, children are often lured onto websites containing obscene material through the devious manipulation of search engines.
Robert A. Brady
Contradiction is not a sign of falsity, nor the lack of contradiction a sign of truth.
Blaise Pascal
Home ownership is the cornerstone of a strong community.
Rick Renzi