The jobs report is the cornerstone of the week. But a lot happens ahead of it.
More Quotes from Ned Riley:
Today the market caught the double-dip disease. Recent economic data, like yesterday's Tuesday's consumer confidence number, seems to corroborate opinion about deceleration in growth.Ned Riley
The market is also still living with the legacy of the Fed's decision yesterday to raise rates, ... There are a number of people who feel the Fed should have paused, and should have considered the ramifications of Katrina and Rita.
Ned Riley
We're back to looking at the fundamentals and, at least temporarily, avoiding gossip and rumors.
Ned Riley
Any (profit) short-fall in that growth rate at 110 times earnings means there's some risk in these stocks.
Ned Riley
There has been a dearth of negative news, which to the market has to be a sign of good news.
Ned Riley
You buy the market when the fundamentals are the weakest. I think the fundamentals are turning and I don't think people realize it yet.
Ned Riley
Readers Who Like This Quotation Also Like:
Ridicule dishonors a man more than dishonor does.Francois de La Rochefoucauld
I write scripts to serve as skeletons awaiting the flesh and sinew of images.
Ingmar Bergman
I was not up stairs when he came home; no, sir.
Lizzie Andrew Borden