In the short term, I think there are some good signs that the Fed will raise interest rates.
More Quotes from 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
Now we want to hear companies say they have light at the end of the tunnel.
Patricia Chadwick
I think a lot is happening in the PC business that I think bodes very well for PC demand and they are kingpin, in terms of being able to produce profits in the PC business. So I think they are the leader for the PC companies and I think that that's where you need to look to them.
Patricia Chadwick
The auto companies have done really well and I think it's hard to see a continuation of that for a long period of time.
Patricia Chadwick
I don't think we're in a correction but I think we're in a very necessary leveling off period. A correction is probably over 10 percent down from the current levels and I don't think there's any reason for us to see that, but I do think given that the fact that the markets went up 7 or 8 percent in less than two months of the new year that we have to have perhaps have a couple of months time when the market doesn't go anywhere.
Patricia Chadwick
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