15 Total Quotes

Edward Meir Quotes

Support levels on crude...should hold at least through today, as participants will be reluctant to go home short heading into the weekend.
Edward Meir
#Home

Although many polls show that U.S. consumers are intent on altering their behavior (i.e., driving less), we still have not seen significant structural shifts in behavior.
Edward Meir
#Behavior

Additionally, the hurricane season kicks off in June and is likely to usher in upside price spikes whenever satellite imagery picks up any whiff of hurricane activity in the warm waters of the south-central Atlantic.
Edward Meir
#Hurricane

There seems little standing in the way of the bullish euphoria.
Edward Meir
#Euphoria

I think we're moving higher. I think the downward correction could be over.
Edward Meir
#Correction

We think that major moves ... should be held in check, as low volumes suggest that many people are either away, or uninterested in initiating new positions.
Edward Meir
#People

The growth picture looks very solid. We're not seeing any slowdown at all in any of the major metal-consuming countries, despite higher energy prices and higher interest rates.
Edward Meir
#Growth

More metal will become available and the spreads are reflecting this expectation.
Edward Meir
#Expectation

This is not to minimize the importance of the events swirling around us, but merely to suggest that they will now have to hit the markets with more urgency than they have in the past.
Edward Meir
#Events

This could, in effect, torpedo Russian and Chinese attempts to bring the Iranians around, and escalate the crisis once again.
Edward Meir
#Crisis

New money may not enter the markets with the same vigor as has been the case in the past, especially if growth in the U.S. shows signs of slowing on the back of steadily rising interest rates.
Edward Meir
#Money

Call it a tug of war, if you will, between bearish fundamentals on the one hand and intermittent geopolitical tensions on the other.
Edward Meir
#War

The markets are picking up the scent of a compromise in the offing.
Edward Meir
#Compromise

Although details have yet to emerge (prompting the White House to withhold comment) energy bulls are undoubtedly fretting.
Edward Meir
#Energy

No doubt, the relative easing in geopolitical tensions weighed on the markets yesterday. The Saudi incident, which was somewhat over-exaggerated on Friday, got discounted in calmer fashion for what it was -- a non-event in terms of supply, although a briefly unnerving one at that.
Edward Meir
#Doubt