Joe Sunderman Quotes

You're seeing a modest extension of the gains of this week, with areas that saw some selling recently, like energy, sort of bouncing back.

- Joe Sunderman

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Modest | Extension | Gains | Week | Areas |

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The market has had a respectable run-up since its January 24 lows, and today you're seeing some profit taking. - Joe Sunderman

The Cisco news isn't that significant, but maybe it's enough to influence people who were looking to get out. The S&P 500 had recently been right near its late December highs, so it's not too surprising to see this consolidation. - Joe Sunderman

I think everyone thought there was going to be an election overhang and as a result of that, a lot of people had money sitting on the sidelines. The fourth quarter is generally pretty strong for stocks, and that proved true this year as well. - Joe Sunderman