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Charles Payne Quotes
«Obviously we're getting to the point where everyone would have to agree that, on a short-term basis, the market is overdone on the downside.»
«I think there's a sense that a whole lot of the uncertainty, whether it's on the economic front or the electoral front, may be coming to an end. They're first sheltering themselves in blue chips and safety but, as confidence builds up, it will start to trickle down into the Nasdaq.»
«If you really look at the action itself, most people in the market believe the worst is over, at least on a short-term basis. There's renewed hope that the presidential election is going to come to a conclusion and everyone is hoping the Fed is going to move to a neutral stance as a prelude to a series of decreasing the interest rates.»
«All the focus is on the blue chips but there's renewed optimism. People are using these opportunities to buy these stocks on weakness, and what investors are starting to learn is it's a selective process. You want to participate but you want to be cautious.»
«I think were heading into next week with a head of steam we haven't seen for some time.»
«Investors seem a little more confident now and are willing to buy on the dips.»
«The way the market's acting tells me there's a lot of pent-up buying out there.»
«Historically, these types of declines haven't really been bad news for the market because they force the Fed to take action.»
«No one is panicking and that is the good news. There's no leadership out there and there are a lot of question marks. Investors have convinced themselves of a better second half, but it's not assured.»
«The market's at the mercy of sentiment, which is very bad. It's not panic selling, but there's a lack of buyers right now. There's a lot of money on the sidelines.»