22 Quotes by Larry Peruzzi

We saw some buy programs coming into the technology names.

Bond yields are trading at their highest in seven months, and that's brought back some inflationary concerns.

Boy, we've been waiting for this. The feeling is that the market does not need further rate hikes and that the Fed will react accordingly.

This morning, we were able to sustain momentum somewhat off of some good earnings reports. But the pattern still hasn't broken entirely that people are looking to sell into the rallies. The concerns continue to be inflationary.

This morning, the market tends to be looking past that a little bit.

It's a number kind of closely watched by the Fed. It's a big factor in the rate decision-making, so the fact that it came in line is a positive trend.

It's more of a shock factor. It's been a stellar performer and a leader. This is kind of new territory for them being this cautious.

Consumers are beginning to feel the impact of higher oil prices in their pockets. Less confidence means less spending and no wonder we have been seeing shares of retailers and banks faltering.

It's definitely oil. We're closer to $80 (a barrel) than to $70, and that's kind of discouraging. The bigger it gets, the more noticeable it is.