16 Quotes by Todd Leone
- Author Todd Leone
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Oil moved higher, which kind of hurt us. We're in a kind of a tight range today, nothing really exciting about the day.
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- Author Todd Leone
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A lot of what has happened has been caused by the quadruple witching. You might have seen people unwinding their positions yesterday and so today they come in little bit.
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(It looks like) people came in and read about the bin Laden stuff and might have gotten a little nervous. Oil is up again, and you've got earnings too.
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Inflation is still relatively benign. Yields are down, which is helping. People are getting out of bonds and probably putting some money to work in equities.
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Intel came out with a warning and they're getting whacked on that. It's all Intel that's taking the market down.
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Cisco (stock) was kind of stagnant, so it's nice for Cisco. It's not breaking out of a range or anything, but it's certainly positive.
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The drop in oil prices was a big surprise and the market is reacting positively to it.
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