We had a terribly horrible day going on until the later afternoon when we had a nice turnaround, ... There's clearly some bargain hunting going on.
More Quotes from Arthur Hogan:
If we can spend enough time below 60, I think that may act as a positive for markets.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 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
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
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
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