[Audio] Morning Stock Talk - Market: I get knocked down. But I get up again |
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[Audio] Morning Stock Talk - Market: I get knocked down. But I get up again |
Nov 20 2009, 04:40 PM
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Acknowledging that Thanksgiving week already has begun for Wall Street with light volatility and trading volume expected today, Loren Danielson nevertheless finds it encouraging that losses are muted. The senior vice president of RBC Wealth Management tells Andrew O'Day "I view it as encouraging that when the market gets knocked down, that investors are looking for an opportunity to get in. So it seems as though every selloff has some pretty good support underneath it." Looking to next week and a full slate of reports on home sales, consumer confidence and personal spending, Danielson says "it does concern me that all of that news is coming in what will probably be very light trading volume. A lot of traders won't be around."
Download this Podcast (Duration: 00:07:59, Format: *.MP3) Dow Jones' MarketWatch Morning Stock Talk discusses the big stock movers, economic data and investment trends with Wall Street's top analysts, strategists and traders. Hear about what's driving the stock market from those in the know.. -------------------- -------------------------------------------------------------------------------------------
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Lo-Fi Version | Time is now: 17th March 2010 - 09:27 PM |