92 Quotes by Tom Schrader

There are some concerns about retail sales but they don't seem to be weighing on the market.

We're starting to get into that no man's land of lack of earnings, with most of the S&P 500 having reported already. We'll have durable goods orders tomorrow and beyond that, the market is going to have to count on the economic news and the price of oil for drivers.

We've got earnings concerns today, and oil prices are still scaring everyone.

We have negative news coming out of the home builders this morning, and obviously that's been an area that has led the economy.

We had a very nice rally, primarily due to the fact that we had oil down, and there was some relief that the convention passed without incident.

Lexmark was bad, 3M was good, and in general you've had that today, with the mix of earnings sort of canceling each other out, ... I think people are using this as a reason to take profits, particularly after the tremendous run we've had, and I don't think that's a bad thing.

Low volume tends to exacerbate any moves, and I think on Friday everyone on Wall Street is going to have skeleton crews on staff.

Sentiment had gotten so bad. People are wanting to start get back in.

More than half the Dow stocks are up. People are putting money into mainstream companies looking for quality and less volatility.