If we can spend enough time below 60, I think that may act as a positive for markets.
More Quotes from Arthur Hogan:
We've had colder weather across the country, so we're back on the energy watch, and that's certainly going to have an effect on stocks.Arthur Hogan
In terms of this earnings reporting season, more what people will be looking for is what the fourth quarter will look like. Nine out of the last 10 times, the fourth quarter has been higher, so we'll be playing close attention to any kind of guidance we get.
Arthur Hogan
The market continues to raise the level of tolerance it has for high energy prices.
Arthur Hogan
We've had a relatively positive earnings reporting season, with most of it behind us, and the market has tried to price that in, so today may be a day where we try to sit back and digest some of our gains,
Arthur Hogan
The focus is on Vista and when they get that rolled out. Obviously, they need to keep to their schedule and get that out in the first quarter, but that means any ramp in revenue growth for this company is not going to come until the first quarter of next year.
Arthur Hogan
We're very oversold, corporate news is relatively good, consolidation in tech and telecom continues to go on, and bargain hunters are out there,
Arthur Hogan
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