John Forelli Quotes (58 Quotes)

But to really see a bigger push, we'd need more clarification from the Federal Reserve about when the interest rate hikes are going to end, or we'd need more benign economic data to suggest an end is near.

We're just treading water. Investors are fearful and risk-averse right now, seeing bad news around every corner, and ignoring good news that is slowly raising its profile.

We need some sort of clear indication from the Fed that the economy is not slowing down and that inflation is not out of control. But it's not likely we are going to get that clarity in the next few months.

The transparency of information has increased the volatility of individual stocks in the market.

The market was really shaken by the Fed language. You're seeing a move into more defensive names and a move out of economically sensitive issues.

What a stark difference in investor sentiment compared with several months ago. Even though investors know the economy is very weak and still vulnerable to a relapse, they believe that, bit by bit, the vital signs are improving.

Short term, technology has had a sharp technical rebound so I wouldn't be surprised to see technology take a breather. Consistent steady growers could be making a rebound like consumer stocks and pharmaceutical stocks that have had a poor month.

The Fed is cutting rates and injecting liquidity into the market. Financials are doing well because people are expecting a cut in rates.

Nobody expected a rate cut, but a few kinder, gentler words would have been nice. Such language might have buoyed the markets because clearly we are entering rough waters.

People are really starting to worry about earnings again. This is a pattern that started in September when the tech market started selling off pretty hard. We're going to have a tough quarter it's hard to see what will get people excited about the markets over the next couple of months.

We've been in the fog for such a long time that everyone's scared to death of getting hit by something they don't see coming.

Under normal circumstances, we'd see more investors already stepping back in, trying to anticipate the economic recovery. The war and the threat of terrorism change the equation.

We're at the point in the earnings period where we get all the bad news, because we're in the first two weeks of the new quarter. So I think there's a little anxiety about fourth-quarter earnings right now.

People have been worrying about consumer spending being impacted by the price of oil. Those concerns remain, but today you're seeing less of a sense of panic about it, and that's allowing the market to stabilize.

With four Fed rate cuts working their way through, we may be back on a solid growth track toward the end of the year,

What this market is going to need is for the Fed's next (interest rate) move to be down rather than up.

You say to yourself that the second and third quarter are going to be the bottom when it comes to earnings comparisons, ... If you're an optimist, maybe now is the time to start buying.

Yesterday people were euphoric that the Federal Reserve would stop raising rates, but now people are maybe scratching their heads a little bit.

Obviously, Yahoo started the Nasdaq off on the wrong foot and then we rebounded. We're starting to see a pattern here of tech investors already having braced themselves for the bad news and the market strengthening as the day goes on.

The manufacturing sector is going to continue to show bad news over the next three to six months, but if we get the indication that consumers are starting to buy more, then things like the NAPM will start to reverse themselves later this year.

Just because near-term news is lackluster, it shouldn't scare you away from your hopes of an economic recovery later this year.

I think some of the economic news that came out today gave people a sense that the economy isn't overheating. Worries about that had weighed on stocks of late, and certainly the bond market has indicated that.

Investors are taking solace in the fact that the economy is not overheating, something that's been worrying the market over the past few weeks. This mixed jobs report takes some of the pressure off that concern for the time being.

We're not going to shoot skyward from here we're going to creep, ... six months or so from now, we'll probably be looking down at where we were and say 'how'd we get up here'

The market's tepid reaction to today's Fed action signals investors aren't sure what's coming next. We'll be slogging through bad earnings reports and it will be pretty awful.

Everyone will be looking at the holiday sales numbers when they come back Monday. They'll be looking to see what happened the day after Thanksgiving, but also over the weekend.

If unit labor costs are tame and unemployment comes in 'in line,' then 'the-Fed-is-pausing' camp gets a lot of credence.

We're not going to see much positive news coming out.

But this is the time you find out if companies will come up short, so there could be a few earnings worries today.

We are at the point where the economy's improving but company earnings have not yet improved. We are probably not going to hear good things from companies until the second half.

I think there are still a lot of sectors of the economy that will get worse before they get better. I still expect to see a pickup in the economic news in the fourth quarter but there's still a big wait between now and then.

With the ongoing uncertainty about the presidential election, I think it was wise not to change their stance.

We're going to have awful earnings reports for the second and third-quarter so we have to brace ourselves for that. To make a sustained rally, we need to see economic news and earnings news start to turn positive and we don't see that happening until the fourth quarter.

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.

We have yet to see any tangible signs of economic recovery and you start to worry whether consumers will be able to hang on until business activity picks up.

We're going to look at any economic news that shows the economy is starting to pick up steam. Anything on the front end of the economy where the consumer is if that starts to pick up steam then that's going to give investors confidence that the economy is going to pick up.

We should expect some profit taking. If we hold on to half of the gains (of the last two weeks) we should be happy about that.

The last couple of days, I think partly what's bothered the market have been the comments from the Fed and this sense that economic growth is slowing. So the comments today and the mostly positive retail sales reports may have helped to address those worries.

People are sitting on their hands and waiting for the Fed next week. They're looking for the data and trying to see whether inflation's picking up, and whether growth will slow if the Fed does raise rates.

We're hoping by the fourth quarter (that) we see some pickup in the economy. In the meantime we've got to brace ourselves for some bad news.

Greenspan's swan song will be probably the biggest focus of the market and whether there's any change in the Fed's language. In the energy area, people expect earnings to be good and Exxon didn't disappoint.

There's bad news out there but people are still anticipating a recovery. There's certainly no fundamental news that caused it.

I think the Fed raising rates 25 basis points is pretty much built into the market at this point. As is often the case, people will be watching the language in the statement for indications of what the Fed is going to do at upcoming meetings.

We're trying to get back to normal in a situation that is proving to be anything but.

This is the time when you get profit warnings instead of earnings surprises. Once the reports start flying in next week, you typically get a lot of positive reinforcement from earnings.

The focus is on the Fed tomorrow (Tuesday) and whether that will get people revived about the economy. The market is really starting to look reasonably priced for the first time since 1998 -- relative to expectations and where interest rates are today.

Potentially you could get a resolution to the White House question. You could get a short-term rally on that.

Without the prospect of aggressive Fed action, I don't see any catalyst to get the market moving again.

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.

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.