Kate Warne News Quotations

When you talk about sentiment, you know it will reverse but you do not know when it will change. The news was very good today.

Certainly Nortel selling its optical business to Corning and then taking half of the company is probably the biggest story on Monday as far as news that moved the markets.

Fundamentally what we saw was the market picking up a little after the Fed said they were not going to do anything and the news was as expected.

I expected today was going to be pretty choppy, ... We were again seeing a real conflict within the tech sector between people who believe values are low enough to buy and people still concerned about (possible) announcements of slowing growth, that the economy was coming in for a hard landing and nothing but bad news would be coming out.

I think the market will react strongly to what the numbers are. Clearly the U.S. market and the Canadian markets are looking for direction. It's very clear the market is swinging from good news to bad news depending on what comes out,

You have one of those people who everybody watches for signs of bad news saying things are good, and I think that certainly helped,

Expectations have come down enough at this stage. This is the first day in a long time when the market has ignored bad news and the sentiment has remained positive,

What an ugly day. A day you didn't want to be around to watch. It was just a market that was nervous and unhappy about the news of the day.

We saw really good news to start the day.

It was a little choppy. It's the market trying to assess the good news we're getting out of the technology sector and, at the same time, reacting to the fact the economy is slowing.

Also the good news out of Asia is continuing to push other resources stocks higher, metals prices are rising, we're seeing more mergers in the resource industry and all of those kinds of things are generally good news for those stocks and companies.

At the same time people are now focused on May 16 -- and is that bad news for tech stocks?

If there's a daily barrage of additional bad news then nobody is going to be comfortable feeling that the values are good or that we're near the bottom.

Clearly, the people who are buying growth stocks are saying the good news from a series of interest rates in the U.S. and Canada will mean inflation remains under control. The overall sentiment today was basically optimistic.