92 Quotes by Michael Carty

I think the stock action has been very positive. It's getting to the point where people are more afraid of being out of the market than getting in it.

Most analysts are calling for the market to rise between 5 percent and 10 percent next year, but I think it could be more like 15 percent. The economy is heating up, the employment picture has been improving and companies will begin spending more.

We are basically being held up by geopolitical events,

We know Katrina had a negative impact on earnings, ... They (investors) are looking more forward than backwards on earnings.

The path of least resistance for this market is up right now.

We are not looking for any major increases in interest rates.

The reaction yesterday was just crazy. I think the market is bouncing back from overreaction.

The reaction yesterday was just crazy, ... I think the market is bouncing back from overreaction.

This stalling is likely to continue as we get through this period. But in early to mid April, you could start to see stocks move higher as the earnings reports start coming in and they prove to be positive, as the economic news continues to be strong and as the issues that are going to determine the election become more clear.