Quotations
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Charles Payne Quotes
«We're seeing some selling, but today is interesting in that it's reminiscent of a number of days last week, where there are a lot of reasons for the market to be down much worse than it is -- the Dow rose yesterday, you have Texas Instruments and other negatives -- but instead it's actually holding in there better than we would have expected,»
Author: Charles Payne
«[However,] there's some concern as to what 25 basis points will really do, ... The time to look at the Fed's impact on stocks may not really be tomorrow, but rather Thursday. If we only get 25 points and then weekly jobless claims are really poor, you could see some selling.»
Author: Charles Payne
«I like the resolve of the stock. I like the fact that it looks like all the negativity might be built into semiconductors, ... I would add the caveat that it's high risk, but this is a stock that can deliver pretty big returns.»
Author: Charles Payne
«Techs took the brunt of the selling yesterday, so that may be why they're performing a little better today. There is also a sort of sincere belief that next year, and even in the next six months, tech and telecom will perform better, so that may be reflected in the buying, as well.»
Author: Charles Payne
«The consumer confidence and housing data were hopeful but not enough to reinvigorate a market that needs a break. We need numbers to beat estimates. Also, today's data put lots of pressure on tomorrow's (Wednesday's) personal income and (University of Michigan) consumer sentiment numbers to show improvement.»
Author: Charles Payne
«With the ECI and GDP releases this week, we cannot ignore the fact that the FOMC meeting is right around the corner.»
Author: Charles Payne
«It seems like every single analyst on the Street is on the 'old economy' bandwagon and determined to drive the last nail in the coffin of highflying techs and arrogant investors.»
Author: Charles Payne
«There seems to be some pent-up demand for stocks that wants to be unleashed. The percentage gains that can be made here are phenomenal, and no one wants to miss them. It's not so much a knock against the blue chips but the techs represent so much potential down here.»
Author: Charles Payne
«Initially it was just shocking that this stock would be downgraded. But it looks like we're really starting to get this 'buy on dips' crowd and that's good for the market.»
Author: Charles Payne
«It could be really important, especially on the heels of the PPI (producer price index).»
Author: Charles Payne