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Letter "T" » Tom Schrader Quotes
«I don't think people have set aside dollar concerns long-term or even intermediate-term, but definitely right now, short-term, people have calmed down about it.»
Author: Tom Schrader
«This is more or less a continuation of the October effect. Since about mid-October, we've been rallying and that's traditionally the time you're going to see that. We've had some nice earnings reports in the last week supporting a rally and we're probably going to continue to see that.»
Author: Tom Schrader
«Sentiment had gotten so bad. People are wanting to start get back in.»
Author: Tom Schrader
«I think we're going to see some sideways action this week. We had a nice run last week and there's a significant amount of economic and earnings news due out later in the week. I think people are taking a 'wait and see' approach ahead of that.»
Author: Tom Schrader
«It seems that GM put a damper on things with some negative comments, and the economic numbers were a little weaker. They are both putting an overhang on the IBM news, which was generally positive. This is one of the biggest earnings days we have -- and people are going to be focusing more on the guidance than they are the actual earnings.»
Author: Tom Schrader
«It's a broad advance today -- pretty much every sector is up. It's really just a case of ... an oversold market, but sometimes oversold markets pick up steam.»
Author: Tom Schrader
«It's a continuation of the same concerns. People don't want to put money in when we have nothing but uncertainty on the international front. There's been so much selling already, but whatever is left is enough to drag the market down. People want to sit it out right now.»
Author: Tom Schrader
«We had a great run and I think it's time for a little pause as we reflect.»
Author: Tom Schrader
«It (the advance) seems to be very broad-based, with really good breadth,»
Author: Tom Schrader
«The payrolls number is probably going to be in line, and we'll see another session of listless trading. But if it is something dramatic, we could see a violent reaction, one way or the other.»
Author: Tom Schrader
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