Lance Roberts

Lance Roberts has been quoted 4 times. The two most recent articles where Lance Roberts has been quoted are Homebuilder stocks fall amid building materials sales decline and Stocks end higher after jobs, but Dow posts first 2-wk losing streak since Feb. Most recently, Lance Roberts was quoted as having said, “The housing reports are still running seasonal skews due to abnormally warm weather. We will likely begin to see a reversion in that data over the next couple of months. What is happening at building suppliers is more important since they tend to be a good indicator of actual building activity.”.

Lance Roberts quotes

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Confidence is very, very short lived … If something occurs in the next couple months, we could see confidence wane quickly.

The housing reports are still running seasonal skews due to abnormally warm weather. We will likely begin to see a reversion in that data over the next couple of months. What is happening at building suppliers is more important since they tend to be a good indicator of actual building activity.

Basically the market was oversold, due for a bounce. You've got oil prices rallying. You've got the Fed on hold with the data as weak as it is. he doesn't expect the U.S. central bank to raise rates until next year.

The question is, can we get enough lift to push above 1,940 (on the S&P 500) and if we can, we can have a shot at that 1,970 - 2,000 level. You're going to really need buyers to come into the market. ... Short covering can only take us so far.

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