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Tim Heekin Quotes
«It's pretty quiet today. We've got an FOMC meeting behind us, most of the earnings behind us, an employment number behind us. The next piece of economic news everyone will look at will be retail sales on Thursday.»
Author: Tim Heekin
«Even with the Dell news, the two themes we've seen today, and lately, have been strength in select technology -- today, that was the chip sector -- and strength in industrials.»
Author: Tim Heekin
«It's been pretty quiet all week, volumes have come down...You have pretty significantly reduced volume here in August. This morning there was nothing to really move the dial on PPI or jobless claims.»
Author: Tim Heekin
«I didn't see anything fundamental to turn us around. I think it's a combination of program buying and asset reallocation. Bonds finally showed a little reversal. We put in a high on the long-terms and then dipped off of that. I think the big bond funds came in and started taking profits after the recent run. The real test will be if we can hold these levels.»
Author: Tim Heekin
«It's been a steady, slow grind down, the same thing we've been seeing for weeks. You have the financials getting hit hard on the Enron stories and concerns about debt. Citigroup is heavily weighted and it's having an impact on the rest of the sector.»
Author: Tim Heekin
«You've got a lot of factors here all coming into play. Oil is having a negative impact and the pre-announcement news from Viacom was significant. You also had all the banks reporting strong earnings yesterday, but yet they're selling them off two days in a row, and we're near the end of the quarter and you've got portfolio managers wanting to cash out of the rally's recent leaders.»
Author: Tim Heekin
«You'll see a moderate move off of Greenspan's comments tomorrow. But at this point, it's pretty well anticipated by the market.»
Author: Tim Heekin
«I think people walked in confused today as to whether we are going to continue this uptrend through year-end or back off.»
Author: Tim Heekin
«Pharmaceuticals and energy and financials are doing well. For sure, that's helping the overall Dow.»
Author: Tim Heekin
«If companies are not giving optimistic guidance, that's causing some ripples and some concerns in the market.»
Author: Tim Heekin