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Letter "T" » Tim Heekin Quotes
«The lead up to the Fed meeting was that we are going to be done soon, they are going to put the brakes on, and that fueled the momentum. But now people are realizing that they aren't done yet, and that's shifted the psychology.»
«A lot of growth equities are in favor right now.»
«If the rate increases do stall out at 5 percent, I think there's still tremendous upside room for this group of stocks. Rates will be a very key metric that's going to determine whether these stocks make new highs or pull-back.»
«Technology is taking its cue from Apple.»
«The leadership of the market is the same as it has been for six to nine months, and that's been energy and technology.»
«Clearly, the Fed is the biggest drive in the market right now.»
«This movement in the bond market is amazing, truly unprecedented. People are starting to sell fixed-income and put that money into stocks. Equity is starting to look like this undervalued dark horse worth betting on.»
«Semiconductors and software have been the leadership for the past few months, so when there's tech selling now, they tend to lose support first. But we're at the top of a range, technically, so we're going to see some selling for the next two or three sessions.»
«There's a good tone to the market. We're moving towards some key technical levels, particularly with the S&P 500. I think that if we can hold and then break through them, we could go higher.»
«This is purely a technical rally. There is no economic news, no company or sector-specific news that's causing this,»