The fact that oil broke close to US$60 today caused a drop in S&P 500 energy stocks. -Jim Paulsen

 

The fact that oil broke close to US$60 today caused a drop in S&P 500 energy stocks.


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This quote is just one of 9 total Jim Paulsen quotes in our collection. Jim Paulsen is known for saying 'The fact that oil broke close to US$60 today caused a drop in S&P 500 energy stocks.' as well as some of the following quotes.

That's the flip side of this.

Jim Paulsen
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The fact that oil broke close to US$60 today caused a drop in S&P 500 energy stocks.

Jim Paulsen
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It gives you the sense that maybe this earnings cycle is going to be like the rest, where it starts out like it's going to be terrible and it ends up looking good, ... That's been the pattern for eight quarters. -Jim Paulsen
254

Of the small handful of companies that have reported, the disappointments that came out were due largely because costs were higher, and here we've got oil, the No. 1 catalyst that caused that, jumping higher again.

Jim Paulsen
246

On net this is not going to be a big event economically. People initially went to the big impact it was going to have, all predicated on the idea that oil was going to go a lot higher (than it has).

Jim Paulsen
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Earnings have been growing faster than stock prices. We've continued to have a cheaper and cheaper market. -Jim Paulsen
141

Even at the open, we knew it was just going to be Libby, and if nothing else, at least the uncertainty is gone.

Jim Paulsen
116