141 Quotes by Kate Warne
- Author Kate Warne
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People sell on fear and when they have a chance to look at the fundamentals, begin to think again about whether the fear they had really made sense and buy back in.
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People began to say 'I don't know if things will go any lower so maybe today is a good day to step in.' But I do think it's nibbling, nobody is taking large bites yet,
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After several days being increasingly optimistic, particularly in the chip sector, investors are now pulling back somewhat wondering if they have again jumped the gun. This kind of erratic move is typical when sentiment is shifting negative to positive.
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Oil prices fell significantly so all the energy sector was down, you see all of the financials are down, the high-tech flyers down.
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companies like Ballard Power that have great growth potential but not much in the way of current earnings.
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Depending on what the CPI shows and what Greenspan says, the market has pretty much decided that we won't see a rate hike at the end of the month or through the rest of the summer and, therefore, there might be a quarter point (hike) some place but the Fed's pretty much done,
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Any little signal like this can lead people to sell first and to think about it later ... and it's partially a response to nervousness over whether the good times can continue,
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Any nervousness about Cisco translates into Nortel and all other high quality technology stocks and into some of the smaller riskier ones as well.
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Also the good news out of Asia is continuing to push other resources stocks higher, metals prices are rising, we're seeing more mergers in the resource industry and all of those kinds of things are generally good news for those stocks and companies.
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