31 Total Quotes

Marc Pado Quotes

The Santa Claus rally is clearly underway. I expect to see the bulls carry the averages to new 4 1/2 year highs right into next Friday's close.
Marc Pado
#Averages

But, for the most part, we're looking at a market that is in a consolidation phase after two weeks of a very strong run.
Marc Pado
#Consolidation

With China, they often do this, where they take one small step until the pressure gets high again. It's unlikely that China is really going to move aggressively to slow their economy. It would take aggressive moves in order to make an impact on China's growth at this point.
Marc Pado
#China

Tech might get a little direction from how people trade Cisco today.
Marc Pado
#Direction

Any time you remove uncertainty, it's good news for the market,
Marc Pado
#News

It's going to come down to how sales are pre-Christmas, what we hear from the retail sector, ... I would expect next week, while remaining positive, to have not as robust a move as we saw this week.
Marc Pado
#Christmas

Any time you remove uncertainty, it's good news for the market. Having raised the question, the market has shifted its attention to Greenspan from earnings.
Marc Pado
#News

There is very little economic news out this week, and nothing is due out today. All eyes are on the Fed.
Marc Pado
#Eyes

These were reassuring statements by the Fed, ... I think what the market ultimately fears is inflation. What makes assets worth less in the long run is inflation. What the Fed is effectively saying is, 'We won't let prices get out of control.'
Marc Pado
#Inflation

There was so much expectation built in for the stock ... I think that the expectations were about as high as they could get for it. I think it was a case of buy on the rumor and sell on the news.
Marc Pado
#Expectation

Even though yesterday's rally may have faded, the leadership, internal action, and breadth were all reasons to anticipate further upside potential heading into the seasonal year-end pattern.
Marc Pado
#Action

Window dressing should focus on the groups that have done well this year.
Marc Pado
#Focus

It is a domino effect of negative news.
Marc Pado
#News

The market is down as crude prices are up because of the approaching hurricane, which could hurt production, and then tomorrow's FOMC meeting is also going to be important, ... I think the Fed will do 25 basis points but then the commentary will be important and they have to open the door to a rate pause.
Marc Pado
#Hurt

Window dressing should focus on the groups that have done well this year. Energy, technology, financials, and industrials have provided leadership. Even those groups that have underperformed for the year have picked up quite a bit in the last quarter.
Marc Pado
#Energy

Energy, technology, financials, and industrials have provided leadership. Even those groups that have underperformed for the year have picked up quite a bit in the last quarter.
Marc Pado
#Energy

The good jobs report bought the bulls a reprieve, and now it is up to earnings to carry the torch. We're still heading right into the seasonally weak February and March months in a bearish midterm election year with rates rising and oil prices rallying. Januaries tend to start strong, but it is how they finish that matters.
Marc Pado
#Jobs

The bulls had a real opportunity. Earnings continue to roll in, and for the most part they are in-line or better than expected.
Marc Pado
#Opportunity

The negative productivity number we saw today about the fourth quarter raises fears that companies are not going to be able to absorb those costs.
Marc Pado
#Productivity

Had it not been for the impressive January same-store sales reports, decent forward-looking statements and the big drop in energy prices, the market drop would have been far worse. With the understanding that we needed to keep our eyes on wage pressures and productivity, both of those components suddenly soured investors on the idea that the Fed was truly done.
Marc Pado
#Sales

While the market was still moving higher, the internals leave much to be desired. The action is not negative, just not impressive, which leads me to believe that we are in an up-trending trading range.
Marc Pado
#Action

Consolidation is a healthy development, especially in light of the pop in crude and the worsening inversion of the yield curve.
Marc Pado
#Consolidation

Overall, I think what it shows is the fourth quarter, despite good profit numbers, in terms of overall economic growth was not a very strong finish to the year.
Marc Pado
#Growth

Today, we're keeping an eye on the same old catalysts, rates and crude. The drop in interest rates overshadowed a rise in crude [Tuesday] . However, crude is still well entrenched in its trading range, on a long-term basis.
Marc Pado
#Interest

Yields, especially on the long end, have been dogging the market in recent weeks. And retail sales down more than expected shows enough of a slowing to question whether or not the Fed needs to continue to act.
Marc Pado
#Sales

Those very short-term support levels were broken yesterday, but the supports under the current levels are substantial. Now that the Fed has made it clear that we will see one if not two more rate hikes, the uncertainty has been removed. We expect the focus to shift to first-quarter earnings results, and they are expected to be good.
Marc Pado
#Support

With the tax date deadline, you're getting money flows coming into the market.
Marc Pado
#Money

The 10-year has been trying to anticipate the fed funds rate. As soon as (Fed policy-makers) made it clear that they weren't going to stop at 4.75 percent, there was a big jump.
Marc Pado
#Trying

In the last month the market moved up despite rising interest rates and despite higher oil prices, focusing instead on the upcoming earnings season.
Marc Pado
#Interest

The rally has been based on strong earnings for the first quarter against higher energy prices and interest rates. That's the battle. And earnings tend to win out in April, historically.
Marc Pado
#Energy