15 Quotes by Clark Yingst

We're still going to get some stray previews. I am much more confident the disappointments will be punished than good earnings will be rewarded.

I suspect 'Well we're in a directionless market' is likely to persist until we get a better read on how much higher rates will go.

I think what's happening is a continuation of the correction in the overbought technology sector that began a couple weeks ago.

We would characterize today's rally in the tech sector as an oversold bounce.

These earnings estimates are falling in some cases in as fast as the (stock) prices.

The stocks I would watch would be the wireless companies like Qualcomm and Motorola.

Technically, it looks like no more than a reflex rebound, an oversold bounce.

Perhaps it's a function of the fears that (Fed Chief Alan) Greenspan has already gone too far (with interest-rate hikes) and the worst news is yet to come.

Perhaps as the year unfolds, you are going to see repeat (earnings) disappointments.