I'm still very optimistic about stocks, and I think that's where you have to be. But I think it needs to consolidate. And actually, yesterday in the market, the Dow was a lot stronger than the rest of the market.
More Quotes from Patricia Chadwick:
Now we want to hear companies say they have light at the end of the tunnel.Patricia Chadwick
I think the pullback has been way, way overdone. And, as the stability in the region seems to be gripping the market, these bank stocks have not come back all the way at all.
Patricia Chadwick
If rates keep backing up we'll definitely have the stock market treading water for awhile.
Patricia Chadwick
Goldman Sachs and Morgan Stanley are two stocks that I think are attractive here. Those stocks have been under pressure as interest rates have been rising. I think we may have seen the high in interest rates for a while, and I think that could help the whole sector.
Patricia Chadwick
If in fact the OPEC countries can get together and cut supply, that would be great. I think what tends to happen is when we hear these kinds of announcements, oil stocks do extremely well and yet the truth is somewhat a little less exciting than what the announcement comes out as.
Patricia Chadwick
Readers Who Like This Quotation Also Like:
Every actor in the room honored Sidney for being there so many years before. And everybody was so moved to be at a place where history was being made again. It was tangible.Lee Grant
We know that second terms have historically been marred by hubris and by scandal.
David R. Gergen
It's both rebellion and conformity that attack you with success.
Amy Tan