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Letter "T" » Tom Schrader Quotes
«They're taking oil higher because of the inventory numbers, ... but the thing with oil is that there's a lot of whipping and sawing in the oil pits, a lot of things pushing oil around.»
«There are some concerns about retail sales but they don't seem to be weighing on the market.»
«The semiconductor index right now is a broken index. Until it finds some support, it will continue to sell off and that tends to drag down the market as a whole.»
«Oil is certainly creating some anxiety in the market.»
«The storm is drifting east, and the further east of Houston it gets, the less damage it is going to do to refineries in the Houston area.»
«Crude futures are down as investors see the storm going in a less economically vulnerable area, and that's what has got the market rallying.»
«The confidence number this morning was abysmal, and that's what shocked the market. The higher oil prices are definitely starting to have an impact on consumer spending.»
«While it's too soon to tell exactly what the damage is, I think the market had priced in even more damage to the oil infrastructure than what seems to have taken place.»
«I wouldn't discount the likelihood that next week will be flat to lower. It's a holiday week, volume will be light, and after four up weeks we'll need a pause.»
«We've kind of stalled here. Basically we've seen some profit-taking based on the gains we've had since mid-October.»