48 Quotes by Sam Stovall

You need to digest some of those gains in order to move higher.

There's a lot more uncertainty now, ... And we've had 18 months of price advances -- that could just be setting us up for a renewal of the defensiveness the market goes through during the May-Oct. period.

They recently reported earning where they'd shown that revenues were not as strong as had been anticipated; a lot of that money still comes from your traditional long-distance carrying revenues. However, we like the group longer-term because we believe that, particularly for MCI, they're gravitating more towards the cellular and wireless category, which is the third group in telecom, and that one actually is in a positive camp.

Foremost on investors' minds is the elevated price of oil. It appears to us that the $40 per barrel level represents a 'line in the sand' above which the equity market retreats and below which the market breathes a sigh of relief.

It's an industry that does not experience a change in demand whether the economy is expanding or contracting, or whether the market is rising or falling. When you die, you die. The only difference could be the families of the one who passed away, if times are tough, could opt for a less expensive funeral.

That really spooked investors last month and this week they'll be looking for earlier numbers, like the PPI, to see if there isn't anything they can glean on what to expect from the next CPI report.

Everyone is looking to dish the technology stocks on higher interest rates, but they continue to show they are not interest-rate sensitive, or at least as much as people would like.

Stocks in the past twenty years have been... the best investment vehicle that's available,

The beige book should give us a better indication of where the strength is, whether it's in all the Federal (Reserve) districts or just one area.