23 Quotes by Bernadette Murphy

We've been focusing so much on tech. And we're starting to see that although these groups have periods of growth, they are basically cyclical... But until investors realize that, these things (Oracle's warning) are going to have a big impact on trade, ... that the banking stocks will come under pressure too.

We are concerned about the gain and loss of confidence, but there are different areas of the market that are depressed.

While some of the retailers have been under a lot of pressure, Kohl has really held its own, because it is a growth retailer.

We've had tremendous moves -- and after you have explosive moves, it's not unusual for markets to pull back on profit taking.

We went through this whole process in late May and we had a 7 percent correction. We regained almost the whole amount that we lost, and now with these numbers, investors are right back in the same mind set that they were at the end of May.

Corporate profits are what drive the stock market. On the economic front, we have been seeing a slowdown in some industries like housing. And so that could be a positive but may be, may not be, enough for the Fed. But corporate profits are always what drive a market and why investors buy the stocks of companies.

The semiconductors: Applied Materials is sort of like a kingpin for that whole industry -- and their earnings. It's going to be very interesting to watch the reaction. Semiconductors actually reached their highs in March. They sold off, and set lower highs in June-July. It's critical that they get through those June-July highs. And so we're going to have to watch them to make sure. They're right now at the lower part of their trading ranges. It's important to watch what happens now,

I've been anticipating a 7 to 10 percent correction over the next few months.

The momentum has been reversed from the upside to the downside, and so they are capitalized on that by shorting stocks that had been popular -- the aggressive growth stocks