20 Quotes by James Park
- Author James Park
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Right now I think the expectation is that a lot of these companies are meeting muted estimates. I think you'll see earnings guided higher, but that outlooks will be tempered.
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- Author James Park
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Today is a very directionless market, ... It is really quiet. There's not much going on.
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- Author James Park
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Today goes to show that the market needed a catalyst to get it going. Volume on the sell-side has been high. Everything is normal and not rapid, which is a good sign, but the numbers speak for themselves. When you combine everything we dealt with today it makes sense we're at these levels.
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I think we're just buying off weakness, ... A lot of the gains we're seeing are related to index-related buying. People are bargain-hunting and taking advantage of the momentum.
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I think the weather is going to be a big concern, ... The markets are definitely continuing their rally, but volume is extremely light. Liquidity is more of an issue.
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With options expiration today, there was not as much volatility as we had expected. We were in range-bound trading.
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When the economic numbers are all skewed in one direction, that brings up the Fed again.
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And traders that were short playing recent weakness and volatility in tech were caught with their pants down.
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Earnings have been lackluster, guidance has been disappointing and the economic news we've just had, has raised inflationary fears.
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