23 ordspråk av Steve Previs

Steve Previs

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Although this is a key psychological level, the Dow Jones is a very narrow gauge and fundamentals are still weak.

If we do get a market rally, it will be short-lived as people will cash in on any kind of sustained rise.

The market has been going straight up and this cannot be sustainable. I think we are close to reaching some kind of resistance levels.

There's no top-line growth -- that's the problem. Companies are cutting costs and people to meet their targets, but there are only so many people they can cut.

This is just what the market doesn't need right now and will hurt investor confidence.

The futures aren't indicating very much anyway and you would expect them to be down a little bit, probably a little profit-taking after the big run-up we had last night.

The NYSE has its own power generation system, so getting that up and running isn't a problem, but getting people there will be, ... As we approach noon (7 a.m. ET), somebody is going to have to make a decision whether trading will go ahead or not.

The market is under pressure because people are starting to think about what might happen if the economy doesn't recover, ... If equities do start to head lower, it may be a sign that it is discounting a return to a recessionary environment.

The market is under pressure because people are starting to think about what might happen if the economy doesn't recover. If equities do start to head lower, it may be a sign that it is discounting a return to a recessionary environment.

The NYSE has its own power generation system, so getting that up and running isn't a problem, but getting people there will be. As we approach noon (7 a.m. ET), somebody is going to have to make a decision whether trading will go ahead or not.

It looks all right other than the fact that their revenues were a big shortfall.

I wouldn't be surprised if we see a big opening and then a little more stability coming into the market simply because this oil price is going back up on what's happening in Nigeria and doesn't look like it's going to be coming down any time soon.

You have got a little bit of relief that oil prices aren't skyrocketing after what they did on Friday.

I think people are really concerned about this dollar. The dollar is going to go much lower than it is now, meaning people are likely to opt away from the dollar and away from U.S. investments and into investments they feel a little more comfortable with.

The big risk is on the downside, but the market is ignoring a multitude of things they should be concerned about, such as the deficits and the weak labor market. We are getting to a point now where so many stocks are so overvalued that it is ridiculous and somebody at some point is going to say 'Mummy, the Emperor doesn't have any clothes on'.

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