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Letter "P" » Peter Boockvar Quotes
«It's mostly sitting on your hands waiting to see what the Fed announcement is so we can start talking about something else. We need to see some confirmation that the economy is showing signs of improvement.»
«This national manufacturing number will be a key to the market. The economic data that we are going to be seeing now will be a good indicator of what we could be setting ourselves up for the rest of the year.»
«It's basically technical stuff rather than anything fundamental. The market has been showing signs of fatigue here.»
«The market appeared to have had a case of vertigo. We have had a big rally in recent weeks and it seemed that the theme of buying stocks because its the end of the year has played itself out.»
«The problem with GM is that once it goes down, it drags many other companies with it.»
«Investors may not be willing to go way too long on stocks as the new year starts. At the same time, there are so many hedge funds in this market that they may be selling some stocks to cash in gains after November's rally.»
«Cash is no longer a four-letter word.»
«To buy stocks just because it's the end of the year is not a good reason to do it when the fundamentals indicate otherwise. The yield curve is flattening in response to the slowing housing market. The implications can't be ignored. That's why we're trading the way we are.»
«The results from retailers were good but not extraordinary.»
«Markets are back to where they were a couple of weeks ago.»