Michael Sheldon Quotes

In terms of the broader market, it looks like we may have entered a short period of consolidation or profit taking following the strong advance at the start of this year.

- Michael Sheldon

Tags

Terms | Broader | Market | Entered | Short |

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The market's trying to stabilize. We're seeing some strength in a few of the beaten-down sectors, including technology and basic materials. - Michael Sheldon

It's been a choppy few weeks. While the Dow and the S&P 500 have started to perform better, the Nasdaq is still below its 50-day moving average and its January highs. - Michael Sheldon

Just under 30 percent of the S&P 500 report results this week. Among the different industry groups, we'll get a heavy dose of economically sensitive names, including several from the oil and gas, rail, coal and steel industries. - Michael Sheldon