You've clearly got some selling on the news, ... Microsoft wasn't bad at all, but it wasn't as bullish as some people were hoping.
More Quotes from Michelle Clayman:
If we do go to war, probably as soon as the war begins the markets will take a lift, as they did in the Gulf War. If it's short and successful, the markets could rise, but if it's not -- or if there are nuclear, chemical or biological attacks -- it could be negative for the markets. It would be a huge blow to confidence.Michelle Clayman
There's still a great deal of uncertainty. We've got a pretty worrying international situation. There is a decline in confidence in business leadership based on a few bad apples, and a certain complacence about the economic data.
Michelle Clayman
Negative pre-announcements are outpacing positive ones by a three-to-one margin -- and that's very high. The big question is whether the market can look through that. We expect consumer confidence will increase and business confidence will start to turn up as well.
Michelle Clayman
September tends to be the take-a-breather month, historically. I would guess the market over the next few weeks will be bound to a narrow trading range as companies begin to report earnings.
Michelle Clayman
Last week was down, so some of today is a reaction to that, with a bit of a bounce.
Michelle Clayman
We're also still getting support from the low interest rates. While Treasury yields are not as low today as they've been, they are still historically at a substantial low, and that lends support to equities.
Michelle Clayman
Readers Who Like This Quotation Also Like:
Based on Topics: Hope Quotes, Media & News Quotes, People Quotes, Sales Quotes, Selling QuotesEntrepreneurial profit is the expression of the value of what the entrepreneur contributes to production.
Joseph A. Schumpeter
Faith never makes a confession.
Henry David Thoreau
As has been pointed out with Libya, the debate over Libya, sometimes we allow diplomatic relations with imperfect regimes because progress can best be made through engagement instead of isolation.
Earl Blumenauer