Matt Ruane Quotes

We're really in a trading range, drifting sideways for the time being as the market waits for its next catalyst.

- Matt Ruane

Tags

Trading | Range | Drifting | Sideways | Time |

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Stocks had a nice run and now we're seeing across-the-board profit taking, which is healthy. Reports of Cheney's comments didn't help, but we would be seeing a little selling anyway. - Matt Ruane

There's also still some money being put to work out there for solid companies with good fundamentals. It's just really selective. - Matt Ruane

There's a lot of skittishness about the Middle East, with crude prices up above $27. We're not going to see the situation get as dire as it did in the '70s, because we get oil from more sources now, but you will see prices continue to rise and markets will keep feeling the effects. - Matt Ruane