92 Quotes by Tom Schrader
- Author Tom Schrader
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I think people are very worried that this is going to stretch out, particularly if it's close. No one knows who is going to win, or when they will win, and there's still talk of terror activity around the election.
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- Author Tom Schrader
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While the capture is important on a humanistic level for the market, after reacting to it overnight, we're back to the usual focus: earnings and the economy.
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We're definitely kind of seeing a little bit of a year-end rally here, and I would expect it to continue this week.
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We've got some weighty numbers tomorrow, with consumer sentiment and Chicago PMI due.
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We've kind of stalled here. Basically we've seen some profit-taking based on the gains we've had since mid-October.
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The payrolls number is probably going to be in line, and we'll see another session of listless trading. But if it is something dramatic, we could see a violent reaction, one way or the other.
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- Author Tom Schrader
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The payroll data Friday is going to be the big swing factor. Ahead of that, I would expect that we could drift a little higher, but nothing too substantial.
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- Author Tom Schrader
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We got hit so hard at the beginning of the week,
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While it's too soon to tell exactly what the damage is, I think the market had priced in even more damage to the oil infrastructure than what seems to have taken place.
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