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Joseph Battipaglia Quotes

«Today's ISM services number was a disappointment. The economy can't improve if the only sector expanding is the consumers. And now the mixed retail result is raising concerns there, too.»
«It's still a situation where fundamentals are decent, but the pressure of the continuing high oil prices and a profit surprise, like HP today, persist,»
«The market's done really well considering it's September, ... I think that reflects the changing fundamentals and the fact that analysts are expecting better things from the earnings and therefore raising estimates and issuing upgrades, in particular, in the technology sector.»
«If you are the leading low-cost producer in a segment, as that segment performs and you pick up share from other competitors, you're only going to be stronger when things normalize, and Dell certainly typifies that at this point.»
«The big-cap technology leaders are doing reasonably well, ... I still believe technology companies will provide leadership. They will be followed alongside by pharmaceuticals and financials.»
«We have a lot of difficulty with the telecom service sector, ... It looks like the bad news is localized in that company and that sector. We're at a point where most of the major shocks have been had and the market action today, after the gains over the last few days, is very constructive.»
«Right now, the slowdown in PC sales I tie to the Pentium III,»
«The enthusiasm investors have for stocks that have rallied us back to record levels will continue in place for the future and now that technology stocks are starting to run again, ... It's only going to add more fuel to the fire.»
«I think gold is not the right place to be right now, ... The dollar and U.S. Treasuries are now the safety valves.»
«CPI data was benign but the data was prior to Hurricane Katrina, ... Still, no one is quite sure about what the Fed is going to do going ahead. So the market is not showing much conviction.»

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