Matt Ruane Quotes

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

Tags

Pretty | Light | Volume | Meeting | Weeks |

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The market has done a good job, considering all it's had to take in over the last few days. There's skepticism across the board right now, but no fear, no panic. I like the action today [Wednesday]. - Matt Ruane

I would have liked to see the market sell off even more in order to form the basis for a better rally, but I think we could possibly get a bounce from these levels in the next day or two. - Matt Ruane

The semiconductors are lifting on very dismal volume, with very few people acting before the anniversary. It's a continuation of yesterday, and clearly there is a little money going into semis, but it's going to be a long, long time before there is any real growth in the sector. - Matt Ruane