Paul Nolte Quotes

We ran out of gas after yesterday's large advance. We only had earnings news from a couple companies today, and that couldn't carry us. - Paul Nolte

We may have broken out of our trading range, but we would like to see some follow-through before we commit additional dollars to the market. - Paul Nolte

We have strong volume on down days, and weak volume on up days. That's the trend for the last couple weeks. That's telling that investors are more interested in selling than they are buying. - Paul Nolte

We have some continuation of the good news from yesterday. - Paul Nolte

We could see a 3 to 5 percent rally and still be within the context of a declining market. - Paul Nolte

To a certain extent, Bush's speech about increased spending in the U.S. Gulf Coast is helping the market. I am not too terribly surprised that consumer confidence is low because the number is colored by Katrina. The upgrades are certainly helping Intel and Exxon, and that's boosting the Dow. - Paul Nolte

Those that are left to trade seem to be going through the motions until year-end. The economic news today was expected based on last week's CPI number, so it was no surprise and couldn't sustain us until the end of the session. - Paul Nolte

The upgrades are certainly helping Intel and Exxon, and that's boosting the Dow. - Paul Nolte

The numbers are good from the Fed's perspective, even with November's ramped up numbers. Job growth is still slow and wage pressure has been nonexistent all year. If trends continue it could put pressure on the consumer. We may see the Fed have one more rate hike and then (be) done. - Paul Nolte

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