26 Quotes by Jeff Kleintop

Today (Wednesday), a lot of people are on the sidelines, but I think generally investors are beginning to return to the market after they were vacant in the first three weeks of the year, ... Mutual Fund inflows have shown that.

When the economy is in recession, investors generally put their money into assets like gold, as opposed to buying assets like stocks, ... Gold is much more popular during recessionary times.

While today's news is very positive, I think the market is likely to remain caught between very good economic data and the worry that things aren't going to get any better from here. I would expect us to continue being pulled back and forth in this trading range we've been in for most of 2004.

What's disappointing is that after a two-day meeting with a new Chairman, we got a statement that is little changed from the last one.

Consumers still do appear to be spending their (tax) rebate checks, but perhaps not as aggressively as we would have hoped. Certainly corporate profits still look pretty bleak headed into the third-quarter warning season.

Technically, the market still looks pretty good despite the light volume we've seen this week. But we're probably not ready to break out above this level until we get a better read on when the Fed is going to be finished up raising rates.

Oil prices are slipping, and that's generally good news for the market.

It's about finding the right company with a compelling story.

It may be a little bit of a buyers' strike ... if we do get a strong (payroll) report tomorrow, it suggests the Fed is going to have to be more aggressive.