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Michael Carty Quotes
«The market is moving forward and then back again. We're seeing the glass half-full one day and half-empty the next. This shows that investors are still very tentative and that's also reflected in the light trading volume. The bear is still very young and its having a difficult time standing up.»
Author: Michael Carty
«This [comeback] is a very positive sign for the market. When the market is in a bull market phase, investors will start to ignore the bad news.»
Author: Michael Carty
«You've got to expect a little two steps forward, one step back when you have a strong rally. Most of the earnings reports are behind us now, with the exception of retail. We're going to need more comments like the ones from Dell ( DELL : down $0.72 to $27.23, Research , Estimates ) [Computer] last week -- telling us that things are going to be better -- before investors are going to be willing to believe that a rally is here to stay.»
Author: Michael Carty
«As far as Harley-Davidson goes, it makes a great product. It's got one of the best bikes in the world, ... It's, I think, leading motorcycle sales. It does restaurants. It does clothing. It's diversified and it's a winner.»
Author: Michael Carty
«It's recorded strong earnings over and over for the last couple of years. We've held it for the last couple years and made out very well. And it's trading at pretty much its high,»
Author: Michael Carty
«Earnings news is the name of the game. This is the first week of the really intense reports. Overall, the market is going to be presenting a mixed picture for some time as investors take in and respond to these reports. We're seeing that today [Thursday].»
Author: Michael Carty
«The market is focused on the potential for Congress to help with a stimulus package and on the news out of Afghanistan. The release of the aid workers was certainly seen as a good sign.»
Author: Michael Carty
«First off, Microsoft does have a good product mix, ... It has a five-year earnings growth rate, which is somewhere around 15 percent because it is a giant after all.»
Author: Michael Carty
«Yesterday (Monday) was a technical rally. There's still a lot of uncertainty about a potential recession and about what's going to happen on the diplomatic front.»
Author: Michael Carty
«Investors still have a lot of rebuilding of confidence before they jump back in with both feet. They're (investors) not in a rush to get in -- they've already tried all the buying on dips they intended to do and they want to make sure this is the last dip.»
Author: Michael Carty
