The market has been in a rotational uptrend for the past three years, which is confusing, as not all stocks are moving in the same direction at the same time.
More Quotes from Bob Dickey:
We had retail sales numbers which were a little on the weak side. The CPI which was very good this week, and yet the market has not been able to react for more than about 20 minutes. And so maybe we're looking for something bigger, maybe something to do with the presidential election coming up might be enough to drive the market through these areas.Bob Dickey
Right now, the best thing to do is to buy stocks that are good values,
Bob Dickey
That probably means we're going to follow through to the downside tomorrow.
Bob Dickey
I think we're seeing already the start of a relief rally. Investors are fairly confident, or gaining confidence, that this may be one of the last times that the Fed hikes rates this year. Anything less than a 50-basis-point hike in interest rates at this
Bob Dickey
Well, maybe it's not quite that much of a fairy tale, but the breakthrough and clear close above the 11,000 mark for the Dow does help to remove one of the more meaningful technical barriers that the market has been dealing with for the past three months.
Bob Dickey
Readers Who Like This Quotation Also Like:
Based on Topics: Past Quotes, Time QuotesBased on Keywords: rotational, uptrend
Going to New York to do whatever - show business - it just seemed fun. It seemed fun to go to the big city and meet all kinds of different people and maybe be famous. It was just exciting. So I wasn't scared.
January Jones
Their way of Dancing, is nothing but a sort of stamping Motion, much like the treading upon Founders Bellows.
John Lawson
Now is the time to draw a clean, clear, bright line and say if you are engaging in speech over the Internet you do not have to check with your lawyer or your accountant. You are a free American, and you have the opportunity to engage in free speech over the Internet.
John Doolittle