83 Quotes by Ken Tower

This is pretty much a continuation of what we've seen for four months now. The value stocks are doing better and people are moving out of technology.

A capitalist economy goes through cycles, and 2000 was the peak in the latest cycle, which had lots of similarities to the 1960s and the 1920s. Now we're somewhere in this sort of troublesome period like the 1970s.

It's all about supply and demand, and if you've got no demand for stocks, prices are going lower.

It's not that everything is perfect. But the overall tone of the economy and the level of both consumer and corporate confidence is quite high.

For many, the bullish case for next year is partly dependent on the Fed stopping its rate hiking. But historically, the Fed stopping isn't necessarily bullish for stocks. It's when the Fed lowers rates that it's bullish.

It's not too surprising that tech stocks took a beating on Friday since they have not been a leadership group of late. While tech has been languishing, basic materials, energy and industrial stocks have been reaching new highs. These may be tiring, but it seems too early to abandon them yet.

It's only Chinese water torture to people who hold the Dow. For those in the Nasdaq it's an incredible party.

They haven't so much moved their money out of the markets as they have moved it from one place to another.

There's this almost universal sense that we're in this big cap-ex spending cycle and the big stocks should be moving on that, but they haven't been.