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Letter "J" » John Forelli Quotes
«We're going to look at any economic news that shows the economy is starting to pick up steam. Anything on the front end of the economy where the consumer is ? if that starts to pick up steam then that's going to give investors confidence that the economy is going to pick up.»
«Short term, technology has had a sharp technical rebound so I wouldn't be surprised to see technology take a breather. Consistent steady growers could be making a rebound like consumer stocks and pharmaceutical stocks that have had a poor month.»
«The bad earnings story is a thing of the past.»
«Investors are starting to get the feeling that the Nasdaq has bottomed.»
«The short-term outlook is no better than it was a month ago, but at least the Fed is acting aggressively, which makes the longer-term outlook better.»
«Obviously, Yahoo! started the Nasdaq off on the wrong foot and then we rebounded. We're starting to see a pattern here of tech investors already having braced themselves for the bad news and the market strengthening as the day goes on.»
«You're talking about two days of trading. It's feeling like technology is starting to bottom, but it also feels like we're in a trading range.»
«Potentially you could get a resolution [to the White House question]. You could get a short-term rally on that.»
«Valuations are still very high in the tech sector so any bad news hurts.»
«With the ongoing uncertainty about the presidential election, I think it was wise not to change their stance.»