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Letter "K" » Kate Warne Quotes
«The overall tenor of the market has been very positive because the economic numbers are relaxing fears of a rate hike (by the U.S. Federal Reserve).»
«But beyond that, when you look at the pattern of trades for the day, it was basically positive but sort of lackluster. I think everybody's waiting around to see what happens next week and nobody wants to move a lot in front of the Fed meeting on Tuesday.»
«Everyone thinks they'll say, 'We'll continue to be watchful and concerned about rising inflation but at the same time we're comfortable that no action needs to be taken,'»
«Pullback time. All the leaders turned tail and ran.»
«I think there was a shock reaction (at first) and then people said 'Is this very worse than we thought it was going to be?' And the answer was no. Yes, it was a down day but it wasn't very much of a down day, ... I think the sentiment is cautious but not as worried as would be expected.»
«I think that the market is in a wait-and-see mood to see whether there is any direction in Friday's reports.»
«We finally saw an up day after a series of down days.»
«I would not read too much into the record at this point, ... The Canadian market's been doing very, very well this year. It's doing well for all the right reasons: strong earnings, basic good environment for equities. I expect we'll see more records this year but today's doesn't change the overall view much.»
«I think that some people are waiting to see whether the market is beginning to indicate one way or the other, whether the Fed will do something different. So there's money on the sidelines right now.»
«Overall nobody's seeing great ideas out there and people aren't excited about anything right at the moment.»