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.
More Quotes from Charles Payne:
The market's at the mercy of sentiment, which is very bad. It's not panic selling, but there's a lack of buyers right now. There's a lot of money on the sidelines.Charles Payne
There is concern that the economy is not where it has to be to facilitate a rebound in corporate earnings. Yesterday (Tuesday), we had surprisingly weak data on manufacturing activity,
Charles Payne
The recovery is going to take longer than anyone initially hoped for, and (Nokia) is the biggest name to warn so far. I think it was wishful thinking that the turn would happen overnight. But it's not a bad assumption to believe that things are going to get better -- it just takes time and maybe investors haven't been realistic.
Charles Payne
There seems to be some pent-up demand for stocks that wants to be unleashed, ... The percentage gains that can be made here are phenomenal, and no one wants to miss them. It's not so much a knock against the blue chips but the techs represent so much potential down here.
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
Rosa Parks didn't just happen to stumble into a great historical moment. In fact, she had a long history as an activist. This was all unusual stuff for black folks in the South at the time.
Charles Payne
Readers Who Like This Quotation Also Like:
Based on Topics: Computers & Technology QuotesBased on Keywords: bellwethers
More than one-third of Mexicans in the United States own property in Mexico, nearly 80 percent send money home and 25 percent have a spouse in Mexico. Assimilation and becoming an American citizen are not the objective for many of them.
John Shadegg
If I'm going to break them, I'm going to break them both.
Lawrence Taylor
They forbade me from flying, despite all my protests and arguments. After being once in space, I was desperately keen to go back there. But it didn't happen.
Valentina Tereshkova