We're very oversold, corporate news is relatively good, consolidation in tech and telecom continues to go on, and bargain hunters are out there,
More Quotes from Arthur Hogan:
The market is reacting more to good news than to bad news at this point. Energy prices are certainly stabilizing off their peak, but it's pretty remarkable considering the headwinds we should be facing.Arthur Hogan
The fact that the Fed is remaining vigilant is positive for earnings growth. They see a robust economy and they see that continuing.
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
The market continues to raise the level of tolerance it has for high energy prices.
Arthur Hogan
Our chief concern will be how the third- and fourth-quarter GDP numbers come out in light of the increased cost of energy,
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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As man sows, so shall he reap. In works of fiction, such men are sometimes converted. More often, in real life, they do not change their natures until they are converted into dust.
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