Art Hogan Quotes (147 Quotes)

They're (Intel) not citing problems like currency or raw material costs they're citing demand, and that puts a spook in all of the markets, ... There's a little bit of a flight to safety and Hewlett is a news-related purchase.

The decision being expedited is good news, ... There's light at the end of the tunnel.

(Techs) had such a terrific run for the past two weeks that I believe some people are taking this opportunity to take some money off the table and invest it in the 'old economy,'

I think this can sustain for the next day or two, at least until we get to all the earning and economic news in the second half of the week, ... Right now, the path of least resistance is still to the upside.

There are a lot of cross currents today. And there is talk that one of the big hedge funds is going under the waves.

In the earnings pre-reporting season, the companies that alarmed us so much were tech and telecom, ... We still have earnings jitters and nervousness about revenue growth. I think people feel there is more value in the Dow, which has been hanging in there, so that's where the flight to quality comes in.

We had a terrific week last week, ... Investor sentiment has shifted to people not wanting to miss out on any strength. There's a lot of cash on the sidelines.

Concerns about higher interest rates and the yield on the 10-year note may keep stocks on the south side again this morning. The higher yield ... acts as a tax on corporations, and it may also attract money to the bond markets from equities.

There was clearly a disappointment in the rhetoric from the Fed. It's just a buyers strike.

The market has been able to stomach a lot of bad news -- we've seen disasters every day and the market has trended higher, ... This is day four, so it's only natural to want to take profits.

When the Dow was doing its swan song yesterday (Thursday), the money was staying in the market and rotating into tech, ... That's the first time that's happened this year and that's good news -- folks are changing their minds about the sectors but they're staying in the market.

I think that we just ran out of steam after a couple of hours. I am glad that we held on our gains from Friday. Oil will continue to be a driver, earnings will be a driver, and so will economics.

Hewlett-Packard didn't please us with its results, and neither did Cisco yesterday,

Fifty-two percent of the households in America are invested in the U.S. stock market and they want to invest in the things that had 70 percent growth last year, ... As long as the money keeps flowing into equity mutual funds and they are targeted toward Nasdaq stocks, we are going to see this go on for a while.

This is a delayed reaction to the Fed's rate cut and it was good news, ... It looks like investors are participating.

If the payrolls number is anywhere near in line with estimates, we're not going to see much of a stock reaction.

Bargain hunters came out and turned things around.

We're not getting a lot of companies that are doing cartwheels about the second half in terms of IT demand. In terms of where we stand, getting out of the second-quarter earnings reporting season, moving on with business as usual, is probably going to be a healthy thing.

The Fed said rates are going higher, which was no surprise, ... But when you're in an interest rate rising environment, all the smatterings of what would be considered good news look like a confirmation that rates will rise.

We are starting to see (economic) stabilization and, I think the fact that the Fed didn't make a move speaks to that.

There's just no conviction to get back in, ... Right now we're in all-bad-news-all-the-time mode.

This is not unlike the five percent to 10 percent correction a lot of people were calling for in the beginning of the year. You have an absence of corporate and economic news and clearly people are trying to rationalize valuations.

I think the Fed's going to lower by 25 basis points and I think the trend is going to show stabilization and a pick-up in growth, ... The current data is not going to look terrific but there will be signs of stabilization.

We're getting an oversold bounce. Telecoms are getting a boost because of the ATT Wireless (news), ... Investors are going to buy those tech stocks that we're not necessarily worried about.

The concern is about how much the economy picks up and how quickly that translates into earnings growth for corporate America.

This is definitely good news, ... Six out of the previous eight PPI reports have been higher than expected but the corresponding CPI reports have not. That means that we're not seeing the creeping effects of inflation passed on to the consumer.

Outlook statements for the first quarter are the best that we've seen in some time, but the question is, how much of that is already baked into the market,

This may be a very volatile trading session. The market wants good numbers, but an exceedingly good report may lead to further rates increases, and that's not good for stocks. On the other hand, a bad report on top of disappointing earnings, could spark another sell-off.

Investors are starting to discount the second quarter and price in growth in the fourth quarter,

This was a nice way to start off the new year. A lot of this was driven by the fact that the Fed confirmed that end is in sight. We've held onto the belief that when the Fed ends that stock prices will go up. We'll still have rate hikes but the market is celebrating that we'll see an ending sooner than later.

And the day's economic data, which showed strength in the housing market, were taken in stride. Good news is good news, ... This is the time we need to hear good news in the economy.

The equities markets are very forward pricing mechanisms so the (corporate) news you're hearing has been priced into the market, for the most part. The news that you should focus on is what will be suggested in the commentary that comes out because we're trying to invest for fourth-quarter growth.

Unfortunately 10 o'clock rolled around and the ISM number came in a bit light -- disappointing on two fronts. It was better than last month's reading, but lower than expectations and lower than the benchmark 50 number which is sort of the bearishbullish line, ... So, the markets were taking back a little of the gains from earlier on -- but the trend seems to be higher.

We have extremely large concerns about inflation, high interest rates and high energy prices, ... There is great concern that we don't know how much earnings growth will decelerate over the next two quarters.

What Goldman is saying about Sun and EMC is IT (information technology) spending hasn't picked up that much, ... But we're more concerned about the economic recovery, so the data will probably play a larger role.

The global reaction to this is more of a psychological response than a rational one. People wake up and read whatever wire service they're going to read and realize that one of the major Asian markets was down by up to 6 percent overnight, and there are a number of tech earnings disappointments and it tends to cascade. Eventually you get a more rational response after people have time to come to terms with what is really happening.

Oil prices are still high, ... we've got inflation reports in the next two days and there have been whispers that the Fed could get more aggressive tomorrow, or at least set the stage for more aggressive hikes in the near future.

I think we're going through this natural vacuum in the news cycle where we have a quiet economic calendar and the fourth-quarter earnings reports are slowing down. It's difficult to generate any interest in the market.

In terms of the thought process on the economy, today's ISM data on the services sector didn't help,

I think there's a lot of things going on, ... We had some good news from companies like Oracle, great economic data this morning, and you had the market clear two key psychological hurdles recently -- the Dow passing 10,000 and the capture of Saddam Hussein. All of that brings buyers back in for the short term.

Soothing words from the Federal Reserve Chairman perhaps brought the markets back off their lows, ... Greenspan's certainly not said anything that would hurt the markets.

We celebrated the fact that (the Fed) was much less stern on their rhetoric yesterday (Wednesday), but today the party is over and a slower economy may have an adverse effect on earnings,

Yesterday was all about valuations and bargain hunting, ... It's not just about bargain hunting today.

The price of oil will be the main driver this week, particularly since there is so little economic news.

The door being open for further rate cuts is bad news. We don't need further rate cuts, we need stability in the economy, ... We do care that we oversold yesterday and there's relatively positive news on the semiconductor front.

We've got some big numbers coming out (Thursday). Any upside surprise to wages might put a little spook in the market.

It's two times oversubscribed, ... That keeps a lot of cash on the sidelines.

We were up more than 100 points yesterday, so you're seeing a reaction to that today,

We'll continue to see more of that, with the market gyrating toward that end. It will be difficult between now and Oct. 15 the next Fed meeting to get anything done until we know where we're going with interest rates.

All the economic data is pointing to a slowdown, ... It's falling more than we expected and that's not good for earnings. Uncertain times have caused money to move to the sidelines.