235 Quotes by Hugh Johnson

The main reason that Alcoa is cheap is that all of the stocks in basic materials are cheap,

Almost every quarter I can remember people have come up with reasons to explain away earnings gains. The truth is that earnings are doing better, and the hope is that, because earnings are improving, companies will begin to hire and spend money on technology.

I think we've seen technology take a tumble a number of times and come right back. Most professional money managers look at a technology slump as a buying opportunity.

Although they were close to expectations and maybe a little bit weaker, the numbers confirm that the economy generally is slowing, ... The report also confirms that the manufacturing sector of the economy is contracting.

I think what the half-point cut showed was that the Fed for the first time appears to be taking the situation very seriously. I think investors are also still mulling the move and thinking what is it the Fed knows that they don't know. Could it be worries about a double-dip and deflation? It's this uncertainty, among other factors, that's the reason why we're down today.

Although the expectations we've been hearing indicate a prolonged decision, the markets are telling us that the election will be resolved quickly.

It has been a solid performance, but there's still a healthy level of skepticism because stocks aren't cheap right now.

A lot of traders will be circling like vultures, to find the companies that are the target of tax selling.

They are going to be looking back on the last two weeks and noticing the small caps have come back to life.