Kenneth Sheinberg Earnings Quotations

The market is jittery and it's gonna keep heading lower for a while. Earnings news is doing nothing to help. Who cares if a company beat estimates by a penny when the profits are so far down from the year before and the estimates were already lowered three times?

There's a total lack of conviction. There's no news coming out, earnings are done and most of the players are in a wait-and-see mode.