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Michael Sheldon Quotes

The markets were able to build on yesterday's gains. Market breadth was encouraging. - Michael Sheldon

Tags

Markets | Build | Gains | Market | Breadth |

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It's been a choppy few weeks. While the Dow and the S&P 500 have started to perform better, the Nasdaq is still below its 50-day moving average and its January highs. - Michael Sheldon

My sense is we continue to see this correction over the next few weeks, but I think once we get through this period and some of the March data starts to come out, stocks will move higher. - Michael Sheldon

If you take all those comments together, it implies the Fed is less worried about deflation and more about inflation, all of which sets the stage for higher rates. - Michael Sheldon

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