Michael Sheldon Reports Quotations

Given the strong reports we've seen from many technology and industrial companies over the past several days, it's hard to make too much sense of today's GDP report.

Today's weak market performance is the result of some worse-than-expected earnings reports and a decline in the consumer confidence report.

Earnings for the fourth quarter have generally met or exceeded expectations. We've seen solid reports from a number of different industries, with strength not just in energy, as in previous quarters in 2005.