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Letter "N" » Ned Riley Quotes
«The May payrolls report will be the celebrated one next week, and there may be some controversy around it.»
«The report will give investors some feeling in terms of wage trends, and inflation,»
«For the rest of the month, the focus for the stock market will be on interest rates.»
«the ten-year Treasury note yield is again moving higher and the price of oil is hitting up against record highs, all of which create obstacles for higher stock prices.»
«But the question is more about economic growth.»
«It's a function of anxiety on the part of investors. People are saying that capital spending is weakening and the commitment to longer-term capital has waned a bit.»
«Today we're in the bottom- fishing mode and there are a lot of people who think the tech correction is complete and we've established our lows for this cycle.»
«The activity and action in the market is very positive and I think the bias of this market is up.»
«We're nearing an inflection point. I think the market will start to work higher as investors become more comfortable with higher oil prices -- particularly if oil can fall below $50 -- and after the presidential election.»
«I think we'll probably get a brighter picture on retail sales for Christmas, which could (inspire) people a little bit and help the short term.»