Intel gave us a good preview of the quarter, but oil suffocated the positive news.
More Quotes from William Hummer:
There's no end in sight as the Asian crisis will go on for years and this is having a major effect, ... It will trim earnings probably more substantially than many economists expected.William Hummer
Hurricane Rita, and its corollary affect on energy prices, is moving the market today, no question about it. Uncertainty is poison for the market.
William Hummer
That's what's probably bringing the market around. Low interest rates and sustained growth will bring estimates that corporate earnings over the coming year could very well be up 8 or 9 percent. That will sustain the market for the coming months, until year-end.
William Hummer
Stocks that have minimum exposure to higher interest rates.
William Hummer
This is a disconnect job growth is psychologically and practically the core of what's happening in the economy. In sharp contrast, the oil price is volatile. It's certainly not meaningless, but it's subject to so many variations that it doesn't have the same importance.
William Hummer
It's a good time for those who are inclined to take gains to realize them now if they're going to do it anyway -- I don't think the market's going anywhere for a while.
William Hummer
Readers Who Like This Quotation Also Like:
Based on Topics: Media & News QuotesBased on Keywords: suffocated
Never make friends with people who are above or below you in status. Such friendships will never give you any happiness.
Chanakya
The Government of the absolute majority instead of the Government of the people is but the Government of the strongest interests; and when not efficiently checked, it is the most tyrannical and oppressive that can be devised.
John C. Calhoun
I love meeting fans. The people who are fans of my books are really smart and dedicated, because some independent comics are hard to get. I will drive all the way to Pittsburgh or Detroit to put it in their hands.
Brian M. Bendis