Trading Quotes
You've got an extension of the end of December gains, and I think we can build on that for the short term... The one caveat is that we're getting overbought and there could be a little profit taking or some flat trading later in the month.
- John Hughes
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.
- Matt Ruane
You're fighting to a stalemate between those people worried about interest rates and high valuations and those people excited about truly good earnings. I think you're going to be in a trading range for most of the summer until some event that we don't yet see takes us out of that - either the Fed stops raising (rates) or there's bad inflation news.
- Chris Grisanti
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