Jeff Kleintop Good Quotations

I think we're at a point where the data coming in is good and robust, but not strong enough to suggest things are overheating. The forward-looking data seems to indicate the same.

We got exactly what everyone expected, showing the Fed did a very good job of telegraphing in advance what they were going to do,

While today's news is very positive, I think the market is likely to remain caught between very good economic data and the worry that things aren't going to get any better from here. I would expect us to continue being pulled back and forth in this trading range we've been in for most of 2004.

Technically, the market still looks pretty good despite the light volume we've seen this week. But we're probably not ready to break out above this level until we get a better read on when the Fed is going to be finished up raising rates.

Oil prices are slipping, and that's generally good news for the market.