Citigroup was disappointing and financials are the worst performing group today. You pair that with weakness in technology and energy -- the two leaders for the market over the last eight weeks -- and you have sort of a ho-hum day. -Tim Heekin

 

Citigroup was disappointing and financials are the worst performing group today. You pair that with weakness in technology and energy -- the two leaders for the market over the last eight weeks -- and you have sort of a ho-hum day.


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This quote is just one of 9 total Tim Heekin quotes in our collection. Tim Heekin is known for saying 'Citigroup was disappointing and financials are the worst performing group today. You pair that with weakness in technology and energy -- the two leaders for the market over the last eight weeks -- and you have sort of a ho-hum day.' as well as some of the following quotes.

I didn't see anything fundamental to turn us around. I think it's a combination of program buying and asset reallocation, ... Bonds finally showed a little reversal. We put in a high on the long-terms and then dipped off of that. I think the big bond funds came in and started taking profits after the recent run. The real test will be if we can hold these levels.

Tim Heekin

It's been pretty quiet all week, volumes have come down...You have pretty significantly reduced volume here in August, ... This morning there was nothing to really move the dial on PPI or jobless claims.

Tim Heekin

There's a panicky feeling that the telecom weakness could spread across tech in general.

Tim Heekin

Retailers are still taking a hit off of Best Buy's loss yesterday and now today's data is providing some more selling pressure in the sector.

Tim Heekin

It's been a steady, slow grind down, the same thing we've been seeing for weeks, ... You have the financials getting hit hard on the Enron stories and concerns about debt. Citigroup is heavily weighted and it's having an impact on the rest of the sector.

Tim Heekin