Quotations
Famous Quotations
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John Forelli Quotes
«More than anyone else, tech and telecom companies are being hit hardest by the slowdown in capital spending, ... They still seem to have more inventory and the pickup in demand simply hasn't been there.»
Author: John Forelli
«Investors are taking solace in the fact that the economy is not overheating, something that's been worrying the market over the past few weeks, ... This mixed jobs report takes some of the pressure off that concern for the time being.»
Author: John Forelli
«Investors are taking solace in the fact that the economy is not overheating, something that's been worrying the market over the past few weeks. This mixed jobs report takes some of the pressure off that concern for the time being.»
Author: John Forelli
«The whole networking equipment area was the last bastion of high P/Es. A lot of these stocks were still at nosebleed valuations.»
Author: John Forelli
«What this market is going to need is for the Fed's next (interest rate) move to be down rather than up.»
Author: John Forelli
«The inventory buildup at Cisco has people worried about future technology spending and that's feeding through to the rest of the sector. Valuations are still very high in the tech sector so any bad news hurts.»
Author: John Forelli
«The Fed is cutting rates and injecting liquidity into the market. Financials are doing well because people are expecting a cut in rates.»
Author: John Forelli
«Short-term, (the Fed's move) was priced into the markets.»
Author: John Forelli
«The manufacturing sector is going to continue to show bad news over the next three to six months, but if we get the indication that consumers are starting to buy more, then things like the NAPM will start to reverse themselves later this year.»
Author: John Forelli
«You're in an environment where you're going to have really bad second- and third-quarter earnings comparisons for the market. To date, the market has been selling off when there's been bad earnings news and rebounding when people think the Fed is going to cut rates.»
Author: John Forelli