Quotations
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Ned Riley Quotes
«That's imposing a ceiling of sorts on any rally. But the good news is that at the end of next week, tax-loss related selling may abate dramatically.»
Author: Ned Riley
«The negative sentiment we are seeing is a terrific Wall Street indicator,»
Author: Ned Riley
«A demon in the market decided to punish us on the last session of the year.»
Author: Ned Riley
«It's equally distributed in Nasdaq. I haven't seen any particular catalysts. The front-line companies like Cisco, Intel, Microsoft, Oracle are still suffering from tax selling.»
Author: Ned Riley
«I do think we're searching for a bottom on the Nasdaq and the action looks good so far. I see a lot of stocks doing well and people are going bottom fishing. Interest rates matter and clearly the Federal Reserve needs to focus on the Nasdaq.»
Author: Ned Riley
«Investors are starting to exercise one of the golden rules of investing, ... And that's buying when the news is the bleakest.»
Author: Ned Riley
«It is another piece of good news in that it leaves the Fed in an unfettered position to exercise more discretion in monetary easing. Because the economy has displayed such weakness and inflation has been non-existent with the exception of energy-related prices, the short-term inflation number may be less relevant.»
Author: Ned Riley
«This has probably been the most-telegraphed rate cut of all time. The market had already anticipated this. Now they are asking: How much more can I get?»
Author: Ned Riley
«I think they're waiting for Cisco, but they're also injecting their own level of certainty about the third quarter as being the turning point for the front end of technology stocks,»
Author: Ned Riley
«It's funny to watch the evolution of an index that was relatively unknown for its first 15 years. If you really want to expose your portfolio to leading-edge technology companies, the Nasdaq has the bulk of those stocks.»
Author: Ned Riley