Donald Selkin Quotes
With earnings winding down and not as much to focus on, you're getting very volatile reactions to economic numbers that are actually pretty close to estimates. You're also seeing some of the defensive names that are dependent on an economic recovery trading lower.
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Earnings | Winding | Focus | Volatile | Reactions |
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The number today struck me as neutral. More stocks are up than down, and that's the ultimate test.
- Donald Selkin
It's such a knee-jerk reaction. I don't think that what the Fed said justifies the kind of reaction we saw. I would like to think that we could rally back after the certification is completed tomorrow, but I don't know. I am just stunned by the extent of this decline. Hopefully, it was a one-time reaction.
- Donald Selkin
