32 Quotes by Elvis Picardo

This is just a normal, healthy bout of profit-taking. It's been a one-way street since the October lows and the index was up close to 20 per cent in that time.

I think next week's meeting will be absolutely crucial. If the half-point rate cut is not materialized, the market is at risk of going down from these levels.

Clearly, the markets are still looking for direction. I think the next bit of good news will be from the Fed, and if there is any hint of lower interest rates that should be really bullish.

The financial services sector is especially strong because interest rates are stable and the economy is growing at a good pace.

The market tried to race higher ahead of those results, but there was still uncertainty as to what Cisco would say about future quarters.