Quotations
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Tom Schrader Quotes
«They're taking oil higher because of the inventory numbers, ... but the thing with oil is that there's a lot of whipping and sawing in the oil pits, a lot of things pushing oil around.»
Author: Tom Schrader
«There are some concerns about retail sales but they don't seem to be weighing on the market.»
Author: Tom Schrader
«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.»
Author: Tom Schrader
«Oil is certainly creating some anxiety in the market.»
Author: Tom Schrader
«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.»
Author: 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.»
Author: Tom Schrader
«The confidence number this morning was abysmal, and that's what shocked the market. The higher oil prices are definitely starting to have an impact on consumer spending.»
Author: Tom Schrader
«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.»
Author: Tom Schrader
«I wouldn't discount the likelihood that next week will be flat to lower. It's a holiday week, volume will be light, and after four up weeks we'll need a pause.»
Author: Tom Schrader
«We've kind of stalled here. Basically we've seen some profit-taking based on the gains we've had since mid-October.»
Author: Tom Schrader