Tim Heekin Week Quotations

A lot of people are taking the week off and there's not much news, so that creates this volatility.

There's no economic news out Friday or Monday, and the economic news the rest of next week is not hugely influential,

The news created volume on positive speculation about other potential corporate mergers. However, last week was a down week, so we have a little bit of a bounce-back rally Monday.

It's the last week of August, people are on vacation and a lot of the big institutions in New York are half-staffed.

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.

All of the numbers this week are potentially market moving. I think people will be watching the numbers for hints about inflation.