Quotations
Famous Quotations
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Art Hogan Quotes
«It sends a signal that the U.S. economy has weathered some pretty harsh storms over the past few years and in recent months.»
Author: Art Hogan
«This was a nice way to start off the new year. A lot of this was driven by the fact that the Fed confirmed that end is in sight. We've held onto the belief that when the Fed ends that stock prices will go up. We'll still have rate hikes but the market is celebrating that we'll see an ending sooner than later.»
Author: Art Hogan
«Arguably, Nokia's news isn't good, ... If we were rallying on Nokia, it was a little questionable on its reasoning.»
Author: Art Hogan
«We've had a lot of bad news today -- the economic data, Cigna and the insurance sector is doing poorly, a bunch of companies missing estimates or warning -- but this is a market that really doesn't want to sell off,»
Author: Art Hogan
«People are starting to wake up to the [credit] exposure J.P. Morgan and Citigroup have to WorldCom,»
Author: Art Hogan
«With the financials, that entire space has been tarnished by a confidence crisis. Also, on a more fundamental level rather than a psychological level, there's no investment banking business going on right now. The concerns remain about the banks' exposure to bankrupt telecoms WorldCom and Global Crossing,»
Author: Art Hogan
«We have extremely large concerns about inflation, high interest rates and high energy prices, ... There is great concern that we don't know how much earnings growth will decelerate over the next two quarters.»
Author: Art Hogan
«I think the dollar's recovery has a huge impact on the market, when you look at things like gold, which is getting tattooed today, ... I also think it's important psychologically, like when oil finally peaked in the mid-50's.»
Author: Art Hogan
«We've shifted focus here. It's been earnings, earnings, earnings all week, now its the economic reports, ... Unfortunately, it's a mixed bag and the biggest surprise was the GDP reading.»
Author: Art Hogan
«We're seeing better earnings news in corporate America. That's what the market is celebrating, ... We made major collateral damage to stocks in the last six weeks and over a larger 2-1/2-year period. What's happening now is that the market is bottoming out and is building a higher support base in the process.»
Author: Art Hogan