Technology needs to be the leader on the way up, because it was the leader on the way down. Even though the earnings reports are miserable, there's a light at the end of the tunnel. That's what investors are looking at right now.
More Quotes from Ned Riley:
The only concern I do have is I'd like to see a couple more months (of data) put together here before we declare this torrid, hot economy as into another phase of gearing down. I'm not as optimistic yet that we have slowed everything.Ned Riley
The Federal Reserve is not here to support the stock market. This move yesterday (Wednesday) was done for economic reasons.
Ned Riley
Clearly, the focus going forward is going to stay on the macro news to either enforce or dispel the notion that inflation is rising,
Ned Riley
The bad news could actually be fully discounted in the stocks themselves,
Ned Riley
Today's sharp selloff shows that there were more bears on vacation in August than we thought, and they've come back nasty.
Ned Riley
We're back to looking at the fundamentals and, at least temporarily, avoiding gossip and rumors.
Ned Riley
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Based on Topics: Computers & Technology Quotes, Leadership Quotes, Leading & Managing Quotes, Light QuotesIn a society in which equality is a fact, not merely a word, words of racial or sexual assault and humiliation will be nonsense syllables.
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Golf is a good walk spoiled.
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To name something is to wait for it in the place you think it will pass.
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