Art Hogan
Art Hogan
boost buy investors stocks tech wireless worried
We're getting an oversold bounce. Telecoms are getting a boost because of the AT&T Wireless (news), ... Investors are going to buy those tech stocks that we're not necessarily worried about.
advantage couple days land last people regroup taking tech
Some people are taking advantage of the run-up we've had in the last couple of days in tech land to regroup a little bit,
america bad corporate knew letting news numbers stuff technology
The bad news is stuff that we know about -- it's Corporate America, especially on the technology front, letting us know they're not going to make their numbers and we knew that was going to happen,
news sell tech type
It's a 'buy on the rumor, sell on the news' type of market, especially in the telecom and tech sectors,
leadership provide stocks technology tend
Technology stocks typically tend to provide leadership in mid-cycle recovery, and I think that's where we are,
coming expense flood hottest money technology
We still have a flood of money coming into technology at the expense of these old-economy stocks. If you look at the sectors that make up the Nasdaq they are sectors that are the hottest in our economy.
companies earnings flight hanging people quality revenue tech value
In the earnings pre-reporting season, the companies that alarmed us so much were tech and telecom, ... We still have earnings jitters and nervousness about revenue growth. I think people feel there is more value in the Dow, which has been hanging in there, so that's where the flight to quality comes in.
asian earnings eventually global major markets number people percent rational reaction realize response service tech tends terms time wake whatever wire
The global reaction to this is more of a psychological response than a rational one. People wake up and read whatever wire service they're going to read and realize that one of the major Asian markets was down by up to 6 percent overnight, and there are a number of tech earnings disappointments and it tends to cascade. Eventually you get a more rational response after people have time to come to terms with what is really happening.
company hurt marquee push shares tech
The company being such a marquee name, it may hurt other tech shares and push the Nasdaq down.
backing bit companies earnings energy handle high positive price season
We've been able to handle a lackluster earnings season so far. Energy companies haven't really come into the fray yet, so things may look a little better after they report. Another positive is that we're backing off a bit from the high price of oil.
bought focus folks low money news rumor selling shift starting victory
We bought on the rumor and are selling on the news, ... We've priced in the victory here. There's very low participation -- there's just no money in the game. Folks are starting to shift focus now.
behind corporate crushed earnings economy emergency fact fed fight funds global level market rate roll sooner trend
We have to get used to the fact that the emergency level of the fed funds rate is behind us, ... The sooner we become cognizant of the fact that the global economy won't be crushed and corporate earnings won't roll over, the sooner the market will fight its way to trend higher.
deal obviously
When you see a deal of this size, obviously (Washington Mutual) is still acquirable,
bad dreadful good investor news point psyche
We're in that dreadful point in investor psyche where bad news is bad news and good news is bad news,