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Terence Quotes

«I do think, though, longer term the semiconductor area, both equipment makers and the chip producers, is probably the best area to be in this market looking forward,»
«It was pretty much exclusively by midday a Nasdaq rally,»
«At this point, so much air has been let out of tech names,»
«I still think earnings reports are going to be very good, ... I think we're getting to the end of rate hike situation on the part of the Fed.»
«We don't yet believe that consumer spending is going to slow dramatically even though there has been a lot of volatility in the stock market, ... Obviously there are a lot of investors out there who were sitting on big losses from stocks they bought from February through March. But we still see the economy as moving along strongly.»
«This is a market with a lot of volatility. There doesn't seem to be a lot of faith in the next two, three, four months. There's tremendous amount of uncertainty out there. So we're seeing a lot of stocks just reacting to sort of pre-opening news. Stocks are bid up in the before-hours trade on very low volume. Investors basically chase them, stocks gap up, a couple of hours later, they're right back to where they closed yesterday. So that's been a very difficult situation to deal with. If you chase these stocks early morning on news, you're frequently underwater very quickly,»
«I'm not very enthusiastic. I think the market is not behaving well as a whole, ... There's just a lot of trepidation about earnings when you look forward into the new year when the reports come in January.»
«It's just eroding, ... It's all panic and follow-through on tech earnings fears. Biotech and Internet stocks are all getting slammed with some flight to safety into Dow stocks, but I don't see it being sustained.»
«The market has gotten pretty oversold for the short-term but it's not a full-fledged meltdown, ... There's so much rotation going on with people saying they will stay in the market no matter what.»
«We're in a bear phase here, and certainly any kind of negative news out of the Middle East that affects oil prices is going to be another issue that the market is going to have to deal with, ... Obviously, some people are very concerned that one thing leads to another, and then you get a bad news one day, and worse news Saturday kind of thing.»

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