Now we want to hear companies say they have light at the end of the tunnel.
More Quotes from Patricia Chadwick:
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.Patricia Chadwick
It's just another number that the market will go through.
Patricia Chadwick
I think technology is the driver for the productivity gains, for the earnings growth. If technology stocks don't do well in this market, you don't have a market moving forward, and I think they are doing well.
Patricia Chadwick
Obviously, the housing market has benefited them, but they're also doing other things. They're also selling some higher margin products, and you can go in and get the upscale products that you need. This company also has done some amazing changes in the last few years getting their working capital down relative to sales, getting a better return on their investment.
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
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A bad book is the worse that it cannot repent. It has not been the devil's policy to keep the masses of mankind in ignorance; but finding that they will read, he is doing all in his power to poison their books.
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