Quotations
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Michael Holland Quotes
«I think it's not a clear and present danger,»
Author: Michael Holland
«Anyone who has leaned against this bull market has paid a price. Charlie Clough is a very smart guy who was symbolic of a lot of smart people who have been fooled by the continuing strength of this bull market.»
Author: Michael Holland
«This is clearly a defensive, reactive move by Nasdaq, but a necessary one,»
Author: Michael Holland
«Investors, ... ...say that when interest rates go up, avoid the financial stocks. Last year, interest rates went up a lot, both the short-end and the long-end. [But] in fact, financial companies reported very good earnings. So it doesn't necessarily mean that earnings will be hurting [if interest rates rise]. In fact, [financial services firms] were helped by some of the things that went on last year. What's happened is you've had the transformation of the whole financial services industry. Merrill Lynch ?( MER : Research , Estimates ) is now a bank; they announced today they're going into the insured deposit business. They're an Internet company as well. They're no longer just an interest-rate sensitive company.»
Author: Michael Holland
«It was a precursor to a great earnings season. I think the next few weeks are going to be better than anyone expects.»
Author: Michael Holland
«I think we are down to levels were people have said enough is enough.»
Author: Michael Holland
«Every time in the last couple of weeks that this has looked closer to a resolution, the market has done better.»
Author: Michael Holland
«It's just continued disappointment in the Federal Reserve, ... We have a growing problem in the economy and with companies' profitability and the Federal Reserve is behind it (the curve).»
Author: Michael Holland
«Investors continue to wait and see if there is anything that signals a bottom,»
Author: Michael Holland
«I think what stocks are reflecting, especially with respect to the Nasdaq, is they've incorporated the worst news.»
Author: Michael Holland