Quotes from the news wire:
The breadth of the rally outside of resource sectors is also very strong and very encouraging.
Found on Reuters 8 years ago
It shows what happens when the commodity prices start turning around and some of the negativity starts going away.
Found on Reuters 8 years ago
It is clear that the bears are pretty exhausted here and the bulls are starting to take over.
Found on Reuters 8 years ago
China had the big sell-off and that's kind of rolled through the rest of the markets around the world.
Found on Reuters 8 years ago
Having a Hydro One heavyweight will help balance out the resource-heavy Canadian market.
Found on Reuters 9 years ago
The Street was basically digesting the big moves yesterday.
Found on Reuters 9 years ago
It was a consolidation day, the Street was basically digesting the big moves yesterday.
Found on Reuters 9 years ago
There's potential over the next month or so that we could see weakness in the markets while this sorts itself out.
Found on Reuters 9 years ago
There's enough to suggest that they are still on track to raise rates this year, but people are worried, 'If you're not raising rates, it must be really bad'.
Found on Reuters 9 years ago
What interests me in Canada right now is some of these sectors outside of resources, the more traditional industrials and merchandising and consumers and things like that, because we are starting to see the lower loonie have a positive impact on other parts of the Canadian economy.
Found on Reuters 9 years ago
We are getting some defensive capital flows again and some of that is going back into gold, with people getting worried about economies in China and Japan and even in Europe, it's interesting because after materials, the next three sectors in terms of performance today on the TSX are healthcare, telecom and utilities, which are the defensive sectors.
Found on Reuters 9 years ago
It's interesting because after materials, the next three sectors in terms of performance today on the TSX are healthcare, telecom and utilities, which are the defensive sectors.
Found on Reuters 9 years ago
We are getting some defensive capital flows again and some of that is going back into gold, with people getting worried about economies in China and Japan and even in Europe.
Found on Reuters 9 years ago
I think what we're seeing here is probably a bit of short-covering and bargain-hunting, just trading against the news, even though the results were disappointing, the stocks had been pretty solidly hammered already. I suspect there was already substantial disappointment already priced in.
Found on Reuters 9 years ago
Surprisingly, Canadian stocks ... have held in reasonably well, durable goods orders have turned back around, the U.S. economy is strengthening, the Fed raising interest rates is back on. Even if it's not June, it may not be December either.
Found on Reuters 9 years ago
U.S. retail sales disappointed, which is still continuing to raise questions about the health of the U.S. economy.
Found on Reuters 9 years ago
It's a negative on the day. We'll probably continue to drift lower here, we are in a situation where the markets have had a massive rally for the last couple of years, and they are now digesting it.
Found on Reuters 9 years ago
Given the gains we've seen lately, this is a normal trading correction.
Found on Reuters 9 years ago
Canada is getting a nice boost from the rally we're getting in the crude oil price, the conditions for stock markets are looking pretty good.
Found on Reuters 9 years ago
The TSX is holding up surprisingly well, given that crude oil is crashing, the question is, will it be able to hold on to these gains?
Found on Reuters 9 years ago
This has cooled speculation of a Canadian interest rate cut ... It's probably a function of that as well: changing attitudes toward the Bank of Canada's decision tomorrow.
Found on Reuters 9 years ago
Basically for Canada, we're seeing stocks dropping back pretty much in tandem with the pullback in U.S. stocks today ... It's not unusual to rally up to something like that and then pull back as people decide to take profits.
Found on Reuters 9 years ago
It's encouraging, it's great for today's trading play, but does this mean that oil has bottomed once and for all? Probably not, it's fairly oversold and we're getting a rebound that was overdue.
Found on Reuters 9 years ago
The market is pretty indecisive. People really don't know what to do here, we've got this big event on Thursday and nobody wants to get too far overextended in either direction ahead of that.
Found on Reuters 9 years ago
It's pretty bleak. This is a once-in-a-generation selloff in the crude oil price, i don't think we've seen all of the adjustments work their way through, whether it's changes to capital spending, dividends and costs to reflect the new reality.
Found on Reuters 9 years ago
With the slide in energy, investors have become bearish towards Canada. Eventually that will straighten itself out, but it could take a while.
Found on Reuters 10 years ago
The banks are starting to miss on earnings. I'm cautious towards the Canadian banks at the moment, you've got the three pillars, energy, financials and materials, under stress.
Found on Reuters 10 years ago
This is just a straight follow-through from yesterday. I'm not convinced that the oil price selloff is finished yet, as the realization comes in that we are looking at a lower price environment that could persist for a while, you'll see that it will have significant impact on the producers.
Found on Reuters 10 years ago
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