This (Thursday) is a day to worry about things, ... We got off to a rough start and typical problems continued. Obviously the earnings reports are coming into question and the GE news with the potentially failed merger with Honeywell just cast a pall over the market.
More Quotes from John Forelli:
But this is the time you find out if companies will come up short, so there could be a few earnings worries today.John Forelli
With the ongoing uncertainty about the presidential election, I think it was wise not to change their stance.
John Forelli
We really have a diversified portfolio of cheap stocks with improving fundamentals, ... That's really our mantra of the fund, and we want to make sure that we're participating in all segments of the market so that we can give our investors consistent returns over the long run.
John Forelli
The inventory buildup at Cisco has people worried about future technology spending and that's feeding through to the rest of the sector, ... Valuations are still very high in the tech sector so any bad news hurts.
John Forelli
Potentially you could get a resolution to the White House question. You could get a short-term rally on that.
John Forelli
One analyst suggested the early gains were unwarranted and not supported by the day's economic data. Maybe it shouldn't have been (up), ... We're not expecting to hear any good news from any companies.
John Forelli
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Based on Keywords: honeywellI am always the better for open-air breathing, and was certainly meant for the wandering life of the Indian.
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But where are the snows of yester year?
Francois Villon
And I think that still is true of this business - which is basically research and development - that you probably spend more time in planning and training and designing for things to go wrong, and how you cope with them, than you do for things to go right.
Alan Shepard