88 Quotes by Michael Sheldon

Following the disappointing tech news after the close, it looks like the market could be in for rough sledding at the open.

It's going to be an interesting week for the markets with a slew of economic and corporate news on tap.

It's been a choppy few weeks. While the Dow and the S&P 500 have started to perform better, the Nasdaq is still below its 50-day moving average and its January highs.

The news from Cisco was disappointing for tech investors. The longer-term outlook was positive, but shorter term there were a few items in the report that unsettled.

The news from Cisco was disappointing for tech investors,

Everyone expects the Fed to raise (a quarter point) and everyone wants to see if there is a change in the outlook that gives hints about future meetings.

The bond market finally caught up with the stock market.

Stock prices moved lower for most of the day, but closed off their lows after oil prices retreated. All in all, there was a lot of hesitation before the earnings by the two tech bellwethers.

Once bond yields started moving higher again, investors reflected on the interest rate environment and decided to take profits off the recent highs.