Michael Sheldon Trading Quotations

Given that tech companies are already trading at pretty high valuations, these companies' earnings are going to have to really deliver for the stock prices to show a substantial reaction.

I think that next week, and in fact for the next few weeks, the markets are likely to remain in a trading range, with many of the same issues still in place.

Over the next few trading sessions, it will be important to watch whether the stock market sells off on rising volume. If that should happen, that could mean a spring correction is on the way.

Markets are in a trading range right now, consolidating gains after the last few months. A lot of investors were looking to this week's data as a way to break out of the range, but what we've seen has left enough doubt in the minds of the bulls that we aren't likely to break out of this range in the next few sessions.

With equity markets closing at their lows of the day Tuesday, the likelihood is that trading may get off to weak start on Wednesday morning.

As the day progresses, oil prices have started to dominate trading and lead to weakness in the market.

February has historically been a lackluster month for the stock market. Despite many positive corporate earnings reports, investors should be prepared for some choppy or sideways trading over the near term.