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

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Trading | Range | Drifting | Sideways | Time |

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

There's a lot of nervousness on the political front and that's keeping the buyers out of the market. We've got 50 significant companies reporting results this week - but at this point, bad news is almost good news, because it's so built in to people's expectations. - Matt Ruane

We're seeing a little bounce from oversold conditions, with stocks not being down quite as much as they were this morning, but it's still nasty out there. We're in a bear market, where we have these false rallies on a little short-covering, but there's nothing on the horizon to push it past that. It's also the end of the quarter, so you've got a lot of people sitting on the sidelines. - Matt Ruane