Joe Sunderman Quotes

I think the record-high oil prices are still weighing on the market... Also, the Merck news is now spilling over to Pfizer, J&J and the blue chips.

- Joe Sunderman

Tags

Record | High | Prices | Weighing | Market |

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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

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

Oil continues to dominate trade, with crude at or near the highs. Worries remain about how high prices over the long term will impact consumer spending, the economy and interest rates. - Joe Sunderman