Tom Schrader Continue Quotations

I think this choppiness is definitely going to continue over the next few months. The Street is very indecisive about what the economy is going to do, what the Fed is going to do.

We're definitely kind of seeing a little bit of a year-end rally here, and I would expect it to continue this week.

The semiconductor index right now is a broken index. Until it finds some support, it will continue to sell off and that tends to drag down the market as a whole.

This is more or less a continuation of the October effect. Since about mid-October, we've been rallying and that's traditionally the time you're going to see that. We've had some nice earnings reports in the last week supporting a rally and we're probably going to continue to see that.

Economic numbers this morning were very story and could give the Fed more ammo to possibly continue their rate hikes past May. Most of the numbers we've seen over the past few weeks have been stronger than expected.