Matt Ruane Quotes



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Pretty | Light | Volume | Meeting | Weeks |
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We've been trading sideways for months, and until we get some sort of resolution with Iraq, we're going to keep trading in fits and starts.
- Matt Ruane

You have pretty light volume ahead of the Fed meeting. You also had the Dow have one of its best weeks in 15 years last week, so you're going to see some pullback from that. Airlines are down again and it's pressuring the broader market, particularly the Dow. US Airways' filing wasn't a surprise but it still sets a negative tone.
- Matt Ruane

The durable goods made it look like the market was ready for a jump, but confidence knocked it back down. We're also in the worst of the summer doldrums. Then, Intel is also putting a damper on things. Markets tried to rally earlier, but couldn't because of Intel. The stock could probably hit its 52-week low soon.
- Matt Ruane
