Wall Street is saying it wants to see Republicans in control, and maybe it would make it easier for Bush to push through some of his policies, but I don't think there is anything from an historical perspective to suggest that stocks perform better when the Congress is Republican.
More Quotes from Charles Payne:
This has been a good time for investors to take profits and there's some hesitation ahead of tomorrow's (Friday's) report. There is a general sense that if we're not at the worst, we're almost at the worst -- but you have to expect the market to pull back occasionally.Charles Payne
What he says really has a broad influence, ... We're into servers. We're into storage. We like to see some type of upbeat comments on macroeconomic situation. This way all stocks can participate if the comments are good enough.
Charles Payne
Because it wasn't a major news day, per se, it was also smart to open as quickly as possible.
Charles Payne
We have a changing of the guard in technology. All these cornerstone tech names can't conjure up the magic they once did and I think it's time people started looking for new bellwethers.
Charles Payne
At some point we're going to get a pretty good rally and at some point, that rally will fizzle. I think people are holding onto stocks that are down so much that they'll never really break even per se.
Charles Payne
The one thing that's maybe notable today is that stocks have really held up. There have been a few times when they've started to drift and then they've come back up, so there's a little bit of buying on the weakness. However, the volume is totally anemic.
Charles Payne
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Based on Topics: Congress Quotes, Government QuotesThe increasing importance of Sydney must in some measure be attributed to the flourishing condition of the colony itself, to the industry of its farmers, to the successful enterprise of its merchants, and to particular local causes.
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I live in London and I am a British subject, although I do write in Spanish, of course.
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I want to do something where I play Judi Dench's younger sister or daughter.
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