92 Quotes by Tom Schrader

Crude futures are down as investors see the storm going in a less economically vulnerable area, and that's what has got the market rallying.

There's not a lot happening ... it's just really, really quiet. You might see this kind of action through Labor Day. Typically, this just isn't a good time of the year to put money to work.

Things are going to be very, very quiet today, because I?m sure half the portfolio managers in New York and in Boston are going to stay home.

The storm is drifting east, and the further east of Houston it gets, the less damage it is going to do to refineries in the Houston area.

The semiconductor index right now is a broken index. Until it finds some support, it will continue to sell off and that tends to drag down the market as a whole.

The selling today is long overdue after the recent rally. You're seeing a lack of buyers ahead of the Fed. You'll probably see more selling tomorrow as the meeting begins.

Techs are moving a little and you have oil and gasoline down, which is moving the transports. The drop in energy is also knocking the oil sector lower, and that's maybe weighing on the blue chips.

Sometimes Greenspan tends to spin a web when he's talking, so I am not sure how many hints he'll give about the size and speed of interest rate hikes.

Acquisitions are always positive because it implies that someone out there thinks something is undervalued.