Tim Heekin Oil Quotations

I think even if oil prices continue to fall for the next few days, we're probably going to see stocks continuing to pull back.

People are looking for more clarity in terms of Iraq, interest rates, oil prices and the dollar.

You've got oil prices and the economic news having an impact today. Obviously tomorrow it's all about unemployment. That's the wild card.

You've got a lot of factors here all coming into play. Oil is having a negative impact and the pre-announcement news from Viacom was significant. You also had all the banks reporting strong earnings yesterday, but yet they're selling them off two days in a row, and we're near the end of the quarter and you've got portfolio managers wanting to cash out of the rally's recent leaders.

You've got a lot of factors here all coming into play, ... Oil is having a negative impact and the pre-announcement news from Viacom was significant. You also had all the banks reporting strong earnings yesterday, but yet they're selling them off two days in a row, and we're near the end of the quarter and you've got portfolio managers wanting to cash out of the rally's recent leaders.

The main drivers today are that oil prices and bond prices are up, and that's not good for equities.