83 Quotes by Tim Heekin
- Author Tim Heekin
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I think this is a continuation of what we've been seeing for the last six or seven weeks, with the exception of last week,
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- Author Tim Heekin
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You'll see a moderate move off of Greenspan's comments tomorrow. But at this point, it's pretty well anticipated by the market.
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- Author Tim Heekin
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You'll see a moderate move off of Greenspan's comments tomorrow, ... But at this point, it's pretty well anticipated by the market.
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The question is whether this is a one-day thing after all the selling or if it's something more sustainable.
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There are good trends everywhere. Some people are looking for a 5 percent to 10 percent correction, partly because they think it's healthy and partly because they want a pullback so they can jump back in. But the path of least resistance remains up.
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Financials are picking up across the board, that bodes well for the market, ... Being such a big percentage of the indices, if people are getting behind financials late in the third and fourth quarter, that will carry the market positive in 2005.
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We've been on a tear and it's just kind of flattening out today after hitting some near-term highs yesterday.
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This week is pretty light on the economic news. The first-quarter earnings should be good and should provide some sort of cushion for the markets.
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You can interpret it a bunch of ways, but all I know, and all that the market seems to know, is that short-term rates are going to rise, and they're going to rise really soon.
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