30 Quotes by Michelle Clayman

Until both the economic and corporate news start moving more consistently higher, you won't see another big move up for stocks.

We started off with a bang yesterday, so it's not surprising that there would be a pullback. Plus, you had Home Depot's pre-announcement.

WorldCom (WCOME) selling off is no surprise, but it's certainly adding to the sentiment, and the drug companies are having problems as well,

Yesterday, it felt like the whole world was changing, but today we're seeing that we're still going to have to deal with all the same things as before. The Bush administration is expected to announce an economic stimulus package next week, and that may buoy the markets. But there's still tremendous uncertainty on the international front and until that's settled, stocks are probably gonna tread water.

September tends to be the take-a-breather month, historically. I would guess the market over the next few weeks will be bound to a narrow trading range as companies begin to report earnings.

Negative pre-announcements are outpacing positive ones by a three-to-one margin -- and that's very high, ... The big question is whether the market can look through that. We expect consumer confidence will increase and business confidence will start to turn up as well.

Greenspan's comments suggest the Fed won't be aggressive in raising rates in the near term, which is a positive for markets, but he's not saying anything that surprising,

There are still concerns that profits will slow considerably, and that will hit stocks. But I think there are a number of stocks that are just oversold at these levels.

Last week was down, so some of today is a reaction to that, with a bit of a bounce.