Tim Heekin Quotes
The market has been down, triggered by some comments from Fed governors on inflation.
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Market | Triggered | Comments | Governors | Inflation |
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It's a quiet day before Easter, and we're waiting for the bunny. You have people not wanting to make moves before a three day weekend, and you have some fears about terrorism -- with Rice speaking, and because this is a religious holiday.
- Tim Heekin
The rally this morning couldn't hold up because there's just no conviction... There's some selling pressure there, but it's more that buyers have no religion. Tech and telecom are this huge drag on the market. People are buying very defensively in health care, chemicals, consumer products and pharmaceuticals.
- Tim Heekin
