Tim Heekin Earnings Quotations

People will be looking for hints about the direction of the earnings throughout the week, ... both in terms of individual stocks and sectors.

I think the rally just ran out of gas. You're right at the beginning of the earnings reporting, and all the good news is priced in, and buyers are getting a little tired. I think it's time for a little pullback. After we see a little consolidation, then we can go higher again.

Earnings have been fine, but they just haven't been as robust as people were hoping. The guidance for the third and fourth quarters hasn't been that strong, and part of the rally was based on people betting that the second half of the year would be good, so with the numbers not saying that, you're seeing some selling.

There's going to be no true market direction until the earnings picture and military actions become clearer.

It's pretty quiet today, ... We've got an FOMC meeting behind us, most of the earnings behind us, an employment number behind us. The next piece of economic news everyone will look at will be retail sales on Thursday.

It's pretty quiet today. We've got an FOMC meeting behind us, most of the earnings behind us, an employment number behind us. The next piece of economic news everyone will look at will be retail sales on Thursday.

You've got a lot of factors here all coming into play, ... Oil is having a negative impact and the pre-announcement news from Viacom was significant. You also had all the banks reporting strong earnings yesterday, but yet they're selling them off two days in a row, and we're near the end of the quarter and you've got portfolio managers wanting to cash out of the rally's recent leaders.

You've got a lot of factors here all coming into play. Oil is having a negative impact and the pre-announcement news from Viacom was significant. You also had all the banks reporting strong earnings yesterday, but yet they're selling them off two days in a row, and we're near the end of the quarter and you've got portfolio managers wanting to cash out of the rally's recent leaders.

This week is pretty light on the economic news. The first-quarter earnings should be good and should provide some sort of cushion for the markets.