The Cisco news isn't that significant, but maybe it's enough to influence people who were looking to get out. The S&P 500 had recently been right near its late December highs, so it's not too surprising to see this consolidation.
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This quote is just one of 9 total Joe Sunderman quotes in our collection. Joe Sunderman is known for saying 'The Cisco news isn't that significant, but maybe it's enough to influence people who were looking to get out. The S&P 500 had recently been right near its late December highs, so it's not too surprising to see this consolidation.' as well as some of the following quotes.
The seasonality factor continues to play a big part in this market.
The Cisco news isn't that significant, but maybe it's enough to influence people who were looking to get out. The S&P 500 had recently been right near its late December highs, so it's not too surprising to see this consolidation.
I just don't see a whole lot out there that could push us a lot higher. The most positive thing we could see over the next few weeks would be for stocks to trade in a range.
The market is at or near the top of its trading range, ... So it would need to be a really strong (payrolls) number to get the market continued on its bullish ways. Right now, I just don't think that pattern is going to happen.
This quote is just one of 9 total Joe Sunderman quotes in our collection. Joe Sunderman is known for saying 'The Cisco news isn't that significant, but maybe it's enough to influence people who were looking to get out. The S&P 500 had recently been right near its late December highs, so it's not too surprising to see this consolidation.' as well as some of the following quotes.