Marc Pado News Quotations

It is a domino effect of negative news.

There is no question that the tone has turned more positive. We haven't broken out yet, but the markets are poised. Now all we need is for the news to hit the ball out of the park, and it needs to be perfect. Crude is still high and the yield curve is still flat, but the market's focus is on other things right now.

Any time you remove uncertainty, it's good news for the market,

Any time you remove uncertainty, it's good news for the market. Having raised the question, the market has shifted its attention to Greenspan from earnings.

The market will be swimming upstream against a small current. We are still seeing a market rally that has not broken any key technical supports, but there are crack in the foundation. If they start to see selling on the news by the end of the day, that, too, is a warning sign that this rally is nearing an end.