256 Quotes by Art Hogan
- Author Art Hogan
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Of course, when you have a marquee name like Microsoft disappoint, it's hard to sit up on good news.
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I think the market will continue to drift without any real direction until we get Friday's employment report and investors get a sense of the current economic outlook.
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The catalyst will be liquidity, ... There's a great deal of cash on the sidelines.
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Compaq is weighing down the Nasdaq, but we're getting a rotation into Dow stocks, ... It (the election) got so petered out after 35 days that it was hard to get much of a reaction.
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I think the market has discounted a lot of the bad second-quarter chatter we're going to hear, and my guess is that conference calls going forward are going to be much more positive,
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The company being such a marquee name, it may hurt other tech shares and push the Nasdaq down.
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I think the fact that we had this awful bombing ... and yet the market seems to be moving on, that it's starting to become sort of priced into the marketplace. We may get investors to get back in off the sidelines at some juncture as we start to get earnings reports for the quarter.
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Depending on what day it is we focus on earnings, we focus on the Fed. We have to get the Fed behind us before we really pick a direction. I think that direction will be higher, but not until next Wednesday.
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- Author Art Hogan
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The concern is about how much the economy picks up and how quickly that translates into earnings growth for corporate America.
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