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Letter "P" » Paul Nolte Quotes
«We went from being expensive 10 years ago to crazy expensive, and now we're back to just expensive.»
«After a nice rally, investors are just taking a little bit of money off the table.»
«Investors are starting to realize that earnings aren't terrific. For every good earnings report, there are three or four to the downside. It also seems that the bigger names are the ones disappointing.»
«If you look at how the markets have been trading the last few days, we're seeing a much broader decline. We're not seeing a leader that can carry the day. It's not limited to a few stocks anymore. Disappointment is broadening out during this earnings cycle.»
«The upgrades are certainly helping Intel and Exxon, and that's boosting the Dow.»
«Those that are left to trade seem to be going through the motions until year-end. The economic news today was expected based on last week's CPI number, so it was no surprise and couldn't sustain us until the end of the session.»
«The numbers are good from the Fed's perspective, even with November's ramped up numbers. Job growth is still slow and wage pressure has been nonexistent all year. If trends continue it could put pressure on the consumer. We may see the Fed have one more rate hike and then (be) done.»
«So what is an investor to do? Based on Friday's response, it may yet be a long dark winter.»
«So what is an investor to do?»
«We have some continuation of the good news from yesterday.»