Traders Quotes

You saw a late-day reversal yesterday (Monday) from the morning's lows and you're seeing a little pop-up right now, but it doesn't mean anything fundamental. Program traders are dominating the day-to-day. - Bryan Piskorowski

You put all these headlines together, you see the situation is getting charged up and getting out of control. That's why oil traders and speculators are having a field day - this is exactly the kind of environment that speculators want to operate in. - Fadel Gheit

You need a high level of sentiment in position for traders to regularly pay higher and higher prices for stock, and we are seeing just that at the moment. - David Land

You get the impression traders are putting an awful lot of weight on the Fed Chairman stating there could be a pause but that this may not be the end of rate increases. We had conflicting economic data and that leaves traders with nowhere to go but the trend. - Don Kowalchik

You can see that dollar/Canada's had trouble going below C$1.15. I think that's a reflection of the fact that the statement was somewhat less hawkish, and traders are less sure about the course of monetary tightening in Canada. - David Powell

Yes, the market developed a fear that employment would be stronger than it turned out to be, but it was still a pretty solid number, above economists' consensus forecast, so in general you're looking at recent economic numbers that have bond traders a little bit concerned. - John Canavan

World oil prices jumped again this week as the price of crude oil traded above $63 per barrel. Seasonal maintenance being performed at gasoline refineries will temporarily limit gasoline production. The near future will probably continue to show lots of ups and downs, and traders react to news of almost any sort. - Don Lindsey

Word from the floor is that volume is light and traders are really awaiting tomorrow's data to decide where we go from here, so we are range bound at the moment. - Kevin Kerr

With the US new home sales proving to be a positive surprise, traders who are still holding short dollar positions are likely to continue adjusting their positions this week. - Daisuke Uno

With the Internet, the information divide between professional traders and individual investors has become very small. - Masatoshi Kikuchi