The economic calendar and what companies have to say about how their fourth quarter and next year expectations are will be critical, especially in the technology sector. That's of much greater importance than the elections situation.
More Quotes from Bill Meehan:
The market is consolidating its recent gains.Bill Meehan
Outside of technology, the performance of the market is very healthy. There seem to be a lot of questions about how strong or not business in technology will be so there's more interest in the 'old economy' stocks.
Bill Meehan
There are analysts out there talking up their favorite tech stocks. On the other hand, there are still concerns that large cap tech stocks may be doing some pre-announcements, so there are a lot of cross currents.
Bill Meehan
I think that's evidence that a good deal of any weak earnings is priced into the market because the expectations have been lowered by analysts and further lowered by realistic expectations of the Street.
Bill Meehan
I think small investors should probably wait until valuations are more reasonable in the technology stocks.
Bill Meehan
You have to be completely deaf, dumb and blind to think that anything with '.com' on it is your ticket to fame and fortune.
Bill Meehan
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Based on Topics: Computers & Technology QuotesThe trouble with the world is that the stupid are cocksure and the intelligent are full of doubt.
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The only thing that matters is that we stand firm.
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I really like where Tony Robbins says that we're all hypnotized to see beauty this one specific way, and it's true.
Gwyneth Paltrow