141 Quotes by Kate Warne

  • Author Kate Warne
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    It's not surprising that even though the major integrated oils are making money hand-over-foot, the market hasn't paid much attention.

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  • Author Kate Warne
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    Obviously the market was very nervous about what the Fed is going to do tomorrow.... But I think by the end of today people began to get optimistic that things are not quite as bad as they seemed to be last week and prices are actually pretty good right now.

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  • Author Kate Warne
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    I don't expect them to stay that high for long but it wouldn't surprise me if they moved higher before they drop, just because we do have lower inventories and it's not likely OPEC's going to raise production any time soon,

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  • Author Kate Warne
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    Certainly, people are waiting to hear what Federal Reserve Chairman Alan Greenspan is going to say.

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  • Author Kate Warne
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    It's the same old story. It's Nortel and BCE. Dynamite earnings out of both of those and the stocks just roared ahead. And so went the market.

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  • Author Kate Warne
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    Certainly Nortel selling its optical business to Corning and then taking half of the company is probably the biggest story on Monday as far as news that moved the markets.

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  • Author Kate Warne
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    It's not too surprising that you saw a day of consolidation, particularly in advance of the (Fed) meeting on Tuesday.

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  • Author Kate Warne
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    But the real concern is not whether first quarter earnings were stronger than the fourth quarter, but whether orders and sales continue to pick up.

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  • Author Kate Warne
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    But beyond that, when you look at the pattern of trades for the day, it was basically positive but sort of lackluster. I think everybody's waiting around to see what happens next week and nobody wants to move a lot in front of the Fed meeting on Tuesday.

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