163 Quotes by John Davidson

The international news is clearly upsetting the market.

The interesting thing is that they did this on a day when economic information came out that was decidedly weaker than expected. It blunted what could have been a pretty bloody response. The resignations might have been planned for some time, but the fact that they were a secret and were released on exactly this date and at this time turned out to be very effective.

If stocks keep deteriorating and the Fed were to cut rates in a coordinated response with the Bank of England, you could see some short-term positive response,

he says. ''And because I was shy, theater was a way to get out of myself and free myself. It was a fantasy, and I guess the fantasy became reality.

The Federal Reserve's objective is two fold -- price stability and employment growth. All too often we think it's the Fed chairman's job to manage the stock market, when it's not.

He has tried to protect his wife. If people want to ridicule him for that, so be it.

He may say something to the effect that the economy remains strong and that they will continue to raise rates.

The capacity utilization and industrial production number are forecast to show modest improvement, the housing number won't be as strong as it has been, but it'll still be strong. However, none of these data due tomorrow are really market-moving. I think stocks may be set to drift the rest of this week and into the close of the year.

We've gone beyond the economics, the valuation, and we're trading on momentum and a lot of fear.