Quotations
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Alan Skrainka Quotes
«I don't see people making big commitments. It's a holiday weekend and there's just no catalyst to get things going.»
Author: Alan Skrainka
«It has nothing to do with the economy. It was in the private equity unit where they tried to help fledgling tech companies get started.»
Author: Alan Skrainka
«The next major event is Microsoft's response, but I don't think that's significant. It's significant but not to the technology sector as a whole.»
Author: Alan Skrainka
«The signs of slowing are few and far between. I think it's really the data between now and (the next meeting) that will determine whether it will be a quarter percentage or half percentage point hike but I think it would be confusing not to raise (rates).»
Author: Alan Skrainka
«I think people placed bets today based on (the data). By buying stocks today, you are assuming we won't get bad news tomorrow.»
Author: Alan Skrainka
«It's a very cautious market. We're saying take a step back from the day-to-day and look at the big picture.»
Author: Alan Skrainka
«People are waiting for the Fed. I think the Fed will leave rates alone, probably say that the risks are tilted toward inflation and people are also saying they'll come back in August and hike again.»
Author: Alan Skrainka
«I think investors should take a step back and look at the big picture. I think the (Fed) is doing its job and investors should do theirs -- avoid those companies that do not have a track record of growth.»
Author: Alan Skrainka
«Maybe it's concern that the economy may have more of a hard landing. The economy grew a little faster than expected, so people might be thinking we're not done as far as interest rate hikes are concerned.»
Author: Alan Skrainka
«We feel we can do a service to our customers if we just get the overall trend right. We don't really practice technical analysis or try to guess the price points next week. But the trend does look like it's higher, because the Fed now is probably shifting into neutral earnings are very strong. And because the Fed acted promptly they ensured we would have another year of solid growth next year. That is what the market is anticipating.»
Author: Alan Skrainka