28 Quotes by Ram Kolluri
- Author Ram Kolluri
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Really, in the market today, the most significant mover is the earnings. If earnings do well, the market will do well, if not, then the market won't.
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- Author Ram Kolluri
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We've been given this embarrassment of riches where the market seems to want to go up every day, regardless of the news.
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We're reeling. Everything is up on the table and we are going to be under this cloud for a while. For a long time, people have been so focused on earnings that corporate America realized that they can get away with playing games with the balance sheet, and now it's catching up with them.
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This war situation is getting out of control. Buyers are on strike. Six out of the last eight weeks have been down. The action is completely emotion-driven.
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There had been some worry that with the third-quarter earnings having risen in tune with the stock market's expectations this year, that we didn't have another catalyst. But now we see that that's not necessarily the case. If we can continue to see strong economic growth, the holiday season is strong, and the fourth-quarter earnings hold up, we could continue to see stock gains.
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Earnings season is finished, and the economy is taking this one step forward, one step back path. I'm looking for us to be in a holding pattern at least through the rest of February.
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Definitely, there is a turning around of the ship here. Earnings are improving and investors are starting to respond to that.
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This isn't going to be a straight line going up. It's going to be a two steps forward, one step back thing, ... But I am not expecting a big sell-off here.
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It's not the end of the run. The market needs a breather, and that's what the selling is about.
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