Paul Mendelsohn Quotes
It's going to be a quiet open as most of the traders have already put positions based on their expectations on what they believe is going to happen this afternoon.
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Quiet | Open | Traders | Positions | Based |
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We're back to the point where a good payroll number will be seen as bad... particularly since (Treasury) bonds have been setting up to sell off.
- Paul Mendelsohn
Investors are turning their attention from an end to Federal Reserve rate hikes to fourth-quarter earnings, the first-quarter outlook and the release of economic data. Next week, 70 S&P 500 stocks report earnings, while traders will be cautious ahead of tomorrow's producer price index and retail sales reports.
- Paul Mendelsohn
