“Everyone has been lulled into thinking that since we haven't yet had a Christmas rally, there won't be one. But there are a few days left this week, and I still think there could be a surprise rally.”
“I think this is a one-day pause. I'd be really surprised if this was all there is to this rally. .. . I don't see anything in the tape today that leads me to think this trend should be over.”
“We've got reasonably good earnings momentum. While confidence has been shaken somewhat by some of these earnings releases and revenue shortfalls, my belief is we're in pretty good shape.”
“The market seems to be focused on the immediate negatives without looking at the elephant that's coming around the corner, and that is first quarter earnings are likely to be better than everyone expects.”
“The resilience of the economy and the consumer have been better than expected. You've got so many potential negatives that it's sometimes hard to see the positives for the market. But the positives are powerful ones.”
