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Letter "M" » Michael Sheldon Quotes
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«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.»
Author: Michael Sheldon
«Temporarily, the market may have run out of gas. On a technical basis, we're looking overextended, so you're seeing a little profit taking,»
Author: Michael Sheldon
«The markets remain overbought at current levels and could see some profit taking at any time, ... However, market internals remain very positive, so investors are reluctant to sell much into that. Given this scenario, we are likely to see more gains through the rest of the year, and some consolidation in early 2005.»
Author: Michael Sheldon
«The markets remain overbought at current levels and could see some profit taking at any time. However, market internals remain very positive, so investors are reluctant to sell much into that. Given this scenario, we are likely to see more gains through the rest of the year, and some consolidation in early 2005.»
Author: Michael Sheldon
«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.»
Author: Michael Sheldon
«Temporarily, the market may have run out of gas. On a technical basis, we're looking overextended, so you're seeing a little profit taking.»
Author: Michael Sheldon
«Intel's news is going to hurt techs tomorrow. I think if the payroll numbers are disappointing, too, you're going to see a broader sell-off.»
Author: Michael Sheldon
«Stock prices moved lower for most of the day, but closed off their lows after oil prices retreated. All in all, there was a lot of hesitation before the earnings by the two tech bellwethers.»
Author: Michael Sheldon
«So far the earnings season has gotten off to an underwhelming start. I think the positive news from Intel is just what the market needed and is likely to lead to a favorable opening on Wednesday.»
Author: Michael Sheldon
«A further rise in oil prices and a retreat in Treasury yields could also create more headwinds for the market.»
Author: Michael Sheldon
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