Kate Warne Market Quotations

Today was -- and I expect tomorrow to be -- quiet. I think many people have already begun the Easter holiday and it would take a big surprise in something tomorrow for the market to move very strongly one way or the other.

I think that the market is in a wait-and-see mood to see whether there is any direction in Friday's reports.

The market was spending sometime digesting whether this meant more rate hikes for longer and concluded this was nothing different than what people had anticipated. At that point, it was 'let's do this some more,'

The markets today were not good at all, the markets are terrible,

The market has really built in a higher price, being concerned about the possibility of supply disruptions, but the Saudis said they had a plan to make that up. The market is warily eyeing what's going on, and at the moment it's saying there's enough excess capacity, so supply is not a major issue in the short term. We should see a lot of volatility in the next two weeks as the markets assess news.

The market is concerned about the slowdown in growth in the technology sector so we're seeing all the tech stocks drop pretty significantly today, ... But there doesn't seem to be something that triggered this today.

What an ugly day. A day you didn't want to be around to watch. It was just a market that was nervous and unhappy about the news of the day.

We don't believe the income trust structure is appropriate for all companies, ... We're concerned that many companies that need to grow, if they become an income trust, are going to find it difficult to access the capital markets at exactly the time where they need additional resources.

I think we will see companies report their quarterly earnings in line with expectations and that will give the market a boost.

It was a very strange day, I think. Thursday the market hadn't bothered to listen. Today, they listened, ... We saw some profit-taking because things have been moving (up) so much. As people begin to get nervous about whether we'd see higher rates and exactly how fast things would grow, they were pulling some money off the table.

Over the weekend there were a lot of reports in the U.S. talking about how the people who think the worst is over are probably wrong, and I think the market always gets nervous after a rally.

It was a little choppy. It's the market trying to assess the good news we're getting out of the technology sector and, at the same time, reacting to the fact the economy is slowing.

It's not surprising that even though the major integrated oils are making money hand-over-foot, the market hasn't paid much attention.

People are selling everything, and that is different because it suggests a lack of attention to which companies are going to be fine. This could be a good sign for the market to start moving higher, not necessarily tomorrow, but as we get toward the end of this.

Not surprisingly, when we have a market that's not quite sure about direction, you're going to see real volatile days like this where things are turning on emotion rather than on any underlying fundamental.

We continue to have uncertainty because what he focused on didn't really help the market draw inferences about what next week's move is going to be. We thought today might give us a hint, instead he focused on tax cuts and other things.

These gains are sustainable but the market still needs confirmation that demand is getting better.

Fundamentally what we saw was the market picking up a little after the Fed said they were not going to do anything and the news was as expected.

But overall, despite earnings, good news, the market is up but not as strong as you might have expected. So all of it was obviously built into the stocks already.

Once again we have Nortel and BCE as the responsible parties for the major move in the market and everything else would probably be flat without them,

I think we are seeing a little follow-through from the election ... but, overall, the market has been pulled down by the drop in oil prices more than anything else.

I think that some people are waiting to see whether the market is beginning to indicate one way or the other, whether the Fed will do something different. So there's money on the sidelines right now.

I think that's more related to how much tightening will we see (of interest rates by the central banks). I think they've been a bit oversold. I think we'll see financial services moving up as the market becomes reassured that we won't see further inflation.

I think we're going to see a lot of volatility as the market tries to sort out where the new leadership will come from.

Obviously the market was very nervous about what the Fed is going to do tomorrow.... But I think by the end of today people began to get optimistic that things are not quite as bad as they seemed to be last week and prices are actually pretty good right now.

Depending on what the CPI shows and what Greenspan says, the market has pretty much decided that we won't see a rate hike at the end of the month or through the rest of the summer and, therefore, there might be a quarter point (hike) some place but the Fed's pretty much done,

The fact that the market hasn't moved strongly either up or down all week, really says that it's looking for direction.

It just heightens war fears, and the market clearly doesn't like the uncertainty associated with that.

Expectations have come down enough at this stage. This is the first day in a long time when the market has ignored bad news and the sentiment has remained positive,

Generally, the market is up strong so far this year and this is just one more day in a whole series of days where we've seen more than a 100-point move.

Basically what we're seeing is stocks that reported expected or better than expected first-quarter earnings have moved up, while any company that has really disappointed has gotten slammed. The market is looking for direction.

The overall tenor of the market has been very positive because the economic numbers are relaxing fears of a rate hike (by the U.S. Federal Reserve).

The fundamentals are much easier to read right now than the sentiment, and the jitters in the market are just leading to all these movements that are unconnected to reality.

A Combination of Nokia saying it wouldn't do well in the third quarter, which seemed to hit all of the tech sector, the end of the Nortel Corning talks, and I think the market overall got nervous about what might happen in the future.

I hadn't expected BP Amoco to be really in the market for acquisitions this quickly, ... What it tells me is that they have done a faster job of consolidation of Amoco's assets and they feel very comfortable going forward.

It could be, ahead of earnings, the market is trying to separate out the banks it thinks will actually do well even in the higher interest rate environment,

I think the market will react strongly to what the numbers are. Clearly the U.S. market and the Canadian markets are looking for direction. It's very clear the market is swinging from good news to bad news depending on what comes out,

I think the market is a little nervous because Greenspan talks tomorrow and everybody is expecting him to give an indication of how much of an increase we'll see next week.

We finally saw a rebound. We finally saw some buying again. We didn't see any real bad news, there is no downgrade of any tech stocks so I think the market finally didn't have anything negative.