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Kenneth Polcari  Quotes
It was a really impressive week. We were waffling a little earlier today [Friday], but I like how it closed. From the tone of it, I think it could carry through a little early next...

—Kenneth Polcari

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People were kind of cautiously awaiting Hewlett all day, wondering after Intel what they might say. They met estimates and the stock is up after hours, so that might help us tomorrow [Wednesday].

—Kenneth Polcari

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I think that today (Tuesday) is a technical bounce, but I do think that people are gonna start building a base. It’s gonna be slow and steady. Now that we’ve gotten through most of the...

—Kenneth Polcari

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With the energy on the floor at the close, I am hoping that it will continue this way tomorrow [Thursday] morning, barring any big negative news out tonight.

—Kenneth Polcari

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Energy
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We’re stuck in this narrow range until after the election.

—Kenneth Polcari

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Elections
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This was a perfect day. The market needed a rest. People should not read any more into it than day-to-day profit taking. We’ve had a good two-week run. Companies reported good numbers earlier in the...

—Kenneth Polcari

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It was a difficult day. It started out difficult and then it just progressed. We broke through key levels [for the major indexes] and that just bodes for more downward pressure.

—Kenneth Polcari

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To an extent, no matter what happens with earnings reports over the next week, the Middle East is still going to hold us back.

—Kenneth Polcari

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Earnings
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Towards the end of the week, you’ve got a bunch of high-profile companies that are reporting their numbers and markets may be a little on edge ahead of that. If the earnings come in kind...

—Kenneth Polcari

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Last week, the market rallied on hopes that the Fed would cut rates, but today (Monday), people weren’t so sure. It created a lot of confusion. People want to get back to the fundamentals, but...

—Kenneth Polcari

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We are continuing to see what we saw yesterday (Tuesday), with threats about terrorism, people taking profits (after the previous week’s run) and buyers sitting on the sidelines. There’s really no reason to buy right...

—Kenneth Polcari

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It was the normal consolidation today (Wednesday) after two days of really good market action, but there’s just no follow through. We rallied on a few pieces of news, but there’s no sense of a...

—Kenneth Polcari

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I think there was some nervousness today about what Bush might say tonight.

—Kenneth Polcari

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