Michael Matousek

Tech has been pretty much the strongest sector over the last month. Momentum players are focusing to buy on pullbacks.

Michael Matousek

If stocks rally up to a declining 50-day average, people will sel... by Michael Matousek

If stocks rally up to a declining 50-day average, people will sell against that.

Michael Matousek

That got some people thinking' Maybe I should buy. by Michael Matousek

That got some people thinking' Maybe I should buy.

Michael Matousek

Those are the two things one everyone's minds, that's why you hav... by Michael Matousek

Those are the two things one everyone's minds, that's why you have some of this selloff.

Michael Matousek

That's why you have some of this selloff. We're down but it's not... by Michael Matousek

That's why you have some of this selloff. We're down but it's not like the sky is falling.

Michael Matousek

It's a quiet one today. With the Fed coming out Thursday nobody w... by Michael Matousek

It's a quiet one today. With the Fed coming out Thursday nobody wants to take any real shots.

Michael Matousek

This rally took a lot of people by surprise. A lot of people were anticipating the last half of the day would roll over and fall off and that hasn't happened. You could see the buying accelerating at mid-day and people saying I'm wrong and starting to cover their shorts, you have the shorter-term guys moving the market.

Michael Matousek

The S&P has had five down days in a row and a lot of people are s... by Michael Matousek

The S&P has had five down days in a row and a lot of people are starting to nibble.

Michael Matousek

Until it's all said and done they're just jockeying for position back and forth. The negotiation process still isn't over.

Michael Matousek

People are still concerned about whether we will have a liftoff in the fall or not. That's the big driver.

Michael Matousek

The billion-dollar question is, has everyone gotten so complacent that we could see things roll over?

Michael Matousek

Ultimately I don't think it can be resolved any time soon. by Michael Matousek

Ultimately I don't think it can be resolved any time soon.

Michael Matousek

You could start seeing M&A take place, since it makes sense for the bigger players to start gobbling up smaller companies, they've got plenty of cash on hand and can use it to grow if they're not growing organically.

Michael Matousek

The trend isn't broken and you need to go with it until it breaks... by Michael Matousek

The trend isn't broken and you need to go with it until it breaks.

Michael Matousek