83 Quotes by Ken Tower

Neither bulls nor bears seem to be making any headway, unless you look at the Dow.

Right now, it's the yield curve that everyone will be watching. Now we're wondering what type of economic growth we'll have going forward. For investors, it's always possible that this time will be different, but we still have to be defensive going into 2006.

I'd like to see the market turnaround right here, hold Friday's lows and move higher, ... If we don't hold (the lows) it's a real strong sign that you got to take this market lower to get it fully oversold.

I feel that it's very important here for the bulls to show that they can keep pushing this market forward.

This was one of the last areas of technology that still had the great, glory days of April going for it. The market is just not willing to put up with those high P/Es and is shooting them down one by one.

What would make me more optimistic is if there was evidence that money on the sidelines is being put to work. But I'm not convinced.

Unless we get a negative surprise on a piece of economic data that's really out of the ordinary, then it's going to be a subdued week with the Fed meeting right around the corner.

I think the market's sending a very clear signal that it wants to move higher,

I think there is a wait-and-see attitude about next week's Fed meeting. Investors are thinking that perhaps the recent weaker-than-expected employment report means that the Fed is near the end of its rate-hiking cycle, but I don't think that's the case.