Last week, the market rallied on hopes that the Fed would cut rates, but today (Monday), people weren't so sure. It created a lot of confusion. People want to get back to the fundamentals, but they keep getting distracted. - Kenneth Polcari Quotes
Last week, the market rallied on hopes that the Fed would cut rates, but today (Monday), people weren't so sure. It created a lot of confusion. People want to get back to the fundamentals, but they keep getting distracted. Kenneth Polcari
 People

More - Kenneth Polcari Quotes

To an extent, no matter what happens with earnings reports over the next week, the Middle East is still going to hold us back. - Kenneth Polcari Quotes

To an extent, no matter what happens with earnings reports over the next week, the Middle East is still going to hold us back.

Kenneth Polcari

 Earnings
Towards the end of the week, you've got a bunch of high-profile companies that are reporting their numbers and markets may be a little on edge ahead of that. If the earnings come in kind of in-line, barring any horrific numbers, I think we can hold and move higher. - Kenneth Polcari Quotes

Towards the end of the week, you've got a bunch of high-profile companies that are reporting their numbers and markets may be a little on edge ahead of that. If the earnings come in kind of in-line, barring any horrific numbers, I think we can hold and move higher.

Kenneth Polcari

 
We are continuing to see what we saw yesterday (Tuesday), with threats about terrorism, people taking profits (after the previous week's run) and buyers sitting on the sidelines. There's really no reason to buy right now. There is nervousness and the market likes stability. - Kenneth Polcari Quotes

We are continuing to see what we saw yesterday (Tuesday), with threats about terrorism, people taking profits (after the previous week's run) and buyers sitting on the sidelines. There's really no reason to buy right now. There is nervousness and the market likes stability.

Kenneth Polcari

 People
People were kind of cautiously awaiting Hewlett all day, wondering after Intel what they might say. They met estimates and the stock is up after hours, so that might help us tomorrow [Wednesday]. - Kenneth Polcari Quotes

People were kind of cautiously awaiting Hewlett all day, wondering after Intel what they might say. They met estimates and the stock is up after hours, so that might help us tomorrow [Wednesday].

Kenneth Polcari

 
It was a difficult day. It started out difficult and then it just progressed. We broke through key levels [for the major indexes] and that just bodes for more downward pressure. - Kenneth Polcari Quotes

It was a difficult day. It started out difficult and then it just progressed. We broke through key levels [for the major indexes] and that just bodes for more downward pressure.

Kenneth Polcari

 
With the energy on the floor at the close, I am hoping that it will continue this way tomorrow [Thursday] morning, barring any big negative news out tonight. - Kenneth Polcari Quotes

With the energy on the floor at the close, I am hoping that it will continue this way tomorrow [Thursday] morning, barring any big negative news out tonight.

Kenneth Polcari

 Energy
I think there was some nervousness today about what Bush might say tonight. - Kenneth Polcari Quotes

I think there was some nervousness today about what Bush might say tonight.

Kenneth Polcari

 
We're stuck in this narrow range until after the election. - Kenneth Polcari Quotes

We're stuck in this narrow range until after the election.

Kenneth Polcari

 Elections
I think that today (Tuesday) is a technical bounce, but I do think that people are gonna start building a base. It's gonna be slow and steady. Now that we've gotten through most of the first-quarter earnings, people are looking to the next catalyst. - Kenneth Polcari Quotes

I think that today (Tuesday) is a technical bounce, but I do think that people are gonna start building a base. It's gonna be slow and steady. Now that we've gotten through most of the first-quarter earnings, people are looking to the next catalyst.

Kenneth Polcari

 People
This was a perfect day. The market needed a rest. People should not read any more into it than day-to-day profit taking. We've had a good two-week run. Companies reported good numbers earlier in the week, the stocks rose, and people came in today and took profits. - Kenneth Polcari Quotes

This was a perfect day. The market needed a rest. People should not read any more into it than day-to-day profit taking. We've had a good two-week run. Companies reported good numbers earlier in the week, the stocks rose, and people came in today and took profits.

Kenneth Polcari

 
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