It's not surprising -- they had a rapid move up and now there's a correction. This is the first major correction for this group and it's healthy. - John Ing Quotes
It's not surprising -- they had a rapid move up and now there's a correction. This is the first major correction for this group and it's healthy. John Ing
 Correction

More - John Ing Quotes

We will probably get a better opening to the market. The resource stocks and gold stocks are better today. - John Ing Quotes

We will probably get a better opening to the market. The resource stocks and gold stocks are better today.

John Ing

 Gold
This is the proverbial bounce, and it's encouraging that it bounced when it did, but is this the turn? This week there will likely be some backing and filling before the long holiday weekend. - John Ing Quotes

This is the proverbial bounce, and it's encouraging that it bounced when it did, but is this the turn? This week there will likely be some backing and filling before the long holiday weekend.

John Ing

 Bounce
There's uncertainty with the impact of higher interest rates as to whether it will slow the economy down, and I feel that it won't, and thus we'll have even higher interest rates. - John Ing Quotes

There's uncertainty with the impact of higher interest rates as to whether it will slow the economy down, and I feel that it won't, and thus we'll have even higher interest rates.

John Ing

 Economy
The resources took a breather for a variety of reasons. - John Ing Quotes

The resources took a breather for a variety of reasons.

John Ing

 
Base metal prices have been much firmer lately, with declining inventories for zinc pushing up prices. - John Ing Quotes

Base metal prices have been much firmer lately, with declining inventories for zinc pushing up prices.

John Ing

 
You would think the overall market should be stronger, but the reason it isn't is because the heavier weight groups (financial services) are weighing down the market. - John Ing Quotes

You would think the overall market should be stronger, but the reason it isn't is because the heavier weight groups (financial services) are weighing down the market.

John Ing

 Reason
Unbelievably strong market. There was definitely a catch-up. - John Ing Quotes

Unbelievably strong market. There was definitely a catch-up.

John Ing

 
Gold is a safe haven and there's expectation that with the bloated trade deficit in the U.S., the U.S. dollar is vulnerable. - John Ing Quotes

Gold is a safe haven and there's expectation that with the bloated trade deficit in the U.S., the U.S. dollar is vulnerable.

John Ing

 Expectation
The big fear, and the cloud that is overhanging the market is inflation. Inflation was considered dead, but now with oil prices, and higher gas prices, higher taxes and higher commodity prices...all of this with higher activity, eventually it's got to show up. - John Ing Quotes

The big fear, and the cloud that is overhanging the market is inflation. Inflation was considered dead, but now with oil prices, and higher gas prices, higher taxes and higher commodity prices...all of this with higher activity, eventually it's got to show up.

John Ing

 Fear
I think that 25-basis points is the likelihood, and I think that has been built into the market. - John Ing Quotes

I think that 25-basis points is the likelihood, and I think that has been built into the market.

John Ing

 
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