12 Quotes by Mike Driscoll

  • Author Mike Driscoll
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    I would have thought the big telecom deal announced would have brought a little more positive tone for the market, but people are trying to figure out how to play it. You do have a little softer tone in commodities after energy prices rallied on Friday.

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  • Author Mike Driscoll
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    I think the market may focus on the gasoline numbers, which showed much bigger numbers than were expected. Eventually I think they're going to turn out to be negative for commodity prices and will probably weigh on energy stocks as well,

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  • Author Mike Driscoll
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    The apparent concern is that Wall Street would view such a move in a negative light, and cruise leaders are trying to (downplay) the long-term impact that rising fuel costs are having on their business.

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  • Author Mike Driscoll
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    The data that stands out is the gasoline inventories, which are up more than twice what was expected. The initial reaction is a little negative due to huge increase in gasoline.

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  • Author Mike Driscoll
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    There's sort of an elegant, causal hedonism here. Not decadent, not raffish, not Key West. But we like to have fun.

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  • Author Mike Driscoll
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    Oil is strong and that is helping oil companies, but it is surprising the broader market is as strong as it is, given higher oil prices.

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  • Author Mike Driscoll
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    Once the stocks do start to go (higher), a lot of people are going to feel like they missed the boat and be forced to scramble after some of these names. And that's what begets rallies.

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  • Author Mike Driscoll
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    A lot of people are viewing the rally in the Dow as being a little suspect. We've got a lot of earnings coming out this week, which would increase volatility.

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  • Author Mike Driscoll
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    It's the impression that the series of interest rate rises are nearer the end than the beginning, and people were bored after last year with the market flat on the year.

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