Matt Ruane Quotes
You're seeing some profit taking across the board after yesterday's [Monday's] bounce. You've got a little shift back into bonds, but basically trading is calm. It's kind of the standard summer doldrums. On the upside, you're seeing some money go into some high-risk areas ... which tells you something about how the psychology is changing from a month ago. 
Tweet
Profit | Board | Bounce | Shift | Bonds |
comments powered by Disqus
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
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