The markets are rebounding a little after several sessions of weakness that stemmed from rising oil prices, rising fears of terrorism and a sharp decline in the dollar, ... Those issues have somewhat abated today, but they are issues the market will continue to face over the next few weeks. As a result, you could see more profit taking.
More Quotes from Michael Sheldon:
The market is very oversold right now and I expect it to move higher over the next week or two. But beyond that, it's going to be very difficult for it to make much headway until we get a clearer sense of how much the Fed is going to move.Michael Sheldon
It's been a choppy few weeks. While the Dow and the SP 500 have started to perform better, the Nasdaq is still below its 50-day moving average and its January highs.
Michael Sheldon
It's going to be an interesting week for the markets with a slew of economic and corporate news on tap.
Michael Sheldon
The fall has traditionally caused anxiety for investors and produced some big declines, particularly in late August and early September.
Michael Sheldon
Earnings for the fourth quarter have generally met or exceeded expectations. We've seen solid reports from a number of different industries, with strength not just in energy, as in previous quarters in 2005.
Michael Sheldon
The market's acting a bit better today after basically five weeks of selling, particularly in tech.
Michael Sheldon
Readers Who Like This Quotation Also Like:
Based on Topics: Terrorism QuotesBased on Keywords: abated
I don't see how I possibly could have come from where I entered the planet to where I am now if there had not been angels along the way.
Della Reese
I write novels and other things.
Jack L. Chalker
He gave to misery (all he had) a tear.
Thomas Gray