Ned Riley Quotes (121 Quotes)

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.

It is another piece of good news in that it leaves the Fed in an unfettered position to exercise more discretion in monetary easing. Because the economy has displayed such weakness and inflation has been non-existent with the exception of energy-related p

The big news is clearly the payroll report.

There was a combination of things that really depressed it. One was Hewlett-Packard's shortfall and we had a sympathetic sell-off using the political environment as a backdrop, ... Ironically, IBM remained the stalwart and it probably gave the notion of s

Investors are starting to exercise one of the golden rules of investing, ... And that's buying when the news is the bleakest.

The fundamental environment, because we still have a whole host of earnings reports to come out, could work to slow the rally. But much of the pain and punishment has already been absorbed prior to the end of the quarter.

There has been a dearth of negative news, which to the market has to be a sign of good news.

The market is also still living with the legacy of the Fed's decision yesterday to raise rates, ... There are a number of people who feel the Fed should have paused, and should have considered the ramifications of Katrina and Rita.

Whether the catalyst was the cessation of tax selling or just a rally from a truly depressed area, the Nasdaq is attracting some bargain hunting. I would suggest stocks were over discounting shorter-term problems that have already been announced.

This administration is seen as being very pro-investment, whereas Kerry is seen as wanting to rewrite the rules -- on capital gains, tax cuts on the wealthy, certain business regulations. I think, for market psychology, that would be damaging.

Ignore the negative economic news because the market's discounted most of it,

Enron is providing the counterforce right now. It's undermining a number of industries such as utilities, banks, insurance and energy companies.

It was a year of awakening for the new investor on Wall Street and it was a very quick and sudden reversal of fortunes for many. We ran the emotional gamut from total irrational thinking and perception to reality and capitulation. Last year's market did reinforce the notion that abuses and excesses are eventually corrected and eventually reach a level of overreaction -- and that's how the year ended.

The activity and action in the market is very positive and I think the bias of this market is up.

With the exception of the Dow, it (was) eerily quiet, waiting for Cisco's results, ... The Dow is clearly the strongest (today) and it's because there's still a lot of money flowing out of technology.

I think by the first quarter of next year you're going to see a much better profits picture and that's what the market's telling us here.

The differentiation between the biggest and the best companies with the most name recognition is a development that usually occurs during a market correction and when uncertainty starts to creep it, ... This trend will continue.

Clearly, the focus going forward is going to stay on the macro news to either enforce or dispel the notion that inflation is rising,

For the rest of the month, the focus for the stock market will be on interest rates.

One of the pockets of strength has been in the health care area. You could flip a coin on the Nasdaq -- it's been a very tepid and guarded rally in the Nasdaq . But I think the Dow gains will prevail.

The bad news could actually be fully discounted in the stocks themselves,

The report will give investors some feeling in terms of wage trends, and inflation,

Clearly it is not much of a surprise. There was a very strong feeling he would try to establish himself as an inflation hawk.

There are worries about mechanical failures, lost ballots, all kinds of things. But I think the market is prepared for a delay in the results. I don't think it will be as much of a surprise as it was in 2000.

Right now I think you're in the indiscriminate phase of selling. There's more of (a feeling of) anticipation and paranoia about the possibility that some of the Dow stocks could disappoint even further.

These companies are boxed in by poor past forecasts and lack of visibility.

Fears about the next scandal seem to have eased. It's not very exciting, but it's a period where a lack of news is almost good.

But the question is more about economic growth.

I think we'll probably get a brighter picture on retail sales for Christmas, which could (inspire) people a little bit and help the short term.

You're going to get a lot more volatility on a day like today, but some of this activity, in combination with the Microsoft announcement, has clearly accelerated the volume on the day.

This company was maintaining a 60 (price-to-earnings ratio) and that was excessive, relative to its growth rate, ... Now, it's more reasonably priced. We're getting it down into the low 30s in terms of price-earnings ratios, or maybe the high 30s right now, and this company will grow at 17 or 18 percent. So Pfizer looks good, at this point.

We've taken a couple of body blows and are still standing. And I think that's pretty encouraging.

I also feel very strongly that Procter Gamble's strategy is not going to be linked only to Procter Gamble. We will see other Dow-type companies that either have some economic sensitivity or a slowing of revenue growth start to announce restructurings.

This is sort-of the real dead period for the quarter and it's also the summer, and a lot of people are on vacation,

There's no conviction over earnings. You're going to get this vacillation back and forth as we're in this bottoming process and it's going to take some time.

I do think it is a reflection of our society. Fast, short-term and speculative in nature.

I think what we have is a recognition by investors that there is some decent value at this price. But whether they have the intestinal fortitude to stay during further adverse times is still unanswered. Today, they seem to have rallied based on the expectation that there is cheapness in some of these stocks.

patience, knowledge and a lot of research.

Today's sharp selloff shows that there were more bears on vacation in August than we thought, and they've come back nasty.

We have been victim of the success of the markets.

This divergence that's developed over the last 12 months, has clearly been the widest I've ever seen in all the years I've been in the business.

This is the greatest time to buy these stocks when nobody wants them.

The focus point of the market this week is going to be tomorrow. If anything, I'm hoping for neutrality out of the Fed.

Any (profit) short-fall in that growth rate at 110 times earnings means there's some risk in these stocks.

You buy the market when the fundamentals are the weakest. I think the fundamentals are turning and I don't think people realize it yet.

In the past four-to-five weeks, there has been sporadic evidence of a positive flow of equity into mutual funds both domestically and internationally, ... But if you look at the total amount of liquidity, the amount of the inflows are a couple of drips out of a faucet compared to the Atlantic Ocean.

What's going to be key over the next week and determine how stocks perform is the interplay of pre-announcements versus brokerage upgrades. The corporate news will become more relevant than the economic news as we get closer to the period of quarterly reporting.

It's a conviction on the part of some that a lot of the stocks have reached such a downside level that they are discounting the worst of all scenarios. The enthusiasm is clearly restrained because the selling and anxiety continues so we've got a little short covering and selective buying.

The jobs report is the cornerstone of the week. But a lot happens ahead of it.

Today the market anticipated possible problems over the weekend. If nothing happens, we might have a better Monday than we've been having.