83 Quotes by Tim Heekin

Whether this is sustainable remains to be seen.

We're flirting with key technical support levels. Markets rally but then can't sustain. There's continued nervousness about accounting and corporate profits, but no catalyst to move us out of it.

We have no economic numbers Monday and my sense is that the market is going to keep consolidating for the next few sessions, before we make a bottom and then build from there

Semiconductors and software have been the leadership for the past few months, so when there's tech selling now, they tend to lose support first. But we're at the top of a range, technically, so we're going to see some selling for the next two or three sessions.

Right now, it's going to be a push and pull,

People will be looking for hints about the direction of the earnings throughout the week, ... both in terms of individual stocks and sectors.

Pharmaceuticals and energy and financials are doing well. For sure, that's helping the overall Dow.

If they feel like the consumer is losing his strength and his spending power in the market, and he's going to be putting more money into savings, that's going to make the market nervous.

I don't think we're going to be able to see anything much until we at least get past Labor Day,