Quotations
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Peter Chandler Quotes
«It's a tale of two markets,»
Author: Peter Chandler
«It's the tussle between the 'old economy' and 'new economy' and Nasdaq is pulling back.»
Author: Peter Chandler
«Buyers are on strike! There's some significant money sitting on the sideline waiting to see when we'll establish a bottom. We tried a couple of times during the day to hit bottom and failed,»
Author: Peter Chandler
«Obviously some serious damage has been done to the market. We've gone through some important support levels, certainly with a number of the popular averages.»
Author: Peter Chandler
«Tech stocks were oversold on a short-term basis and on Monday everybody had to get out of them because of Microsoft, and then Tuesday everybody thought that if Microsoft is broken up maybe it's not the end of the world, and maybe there's an upside to it.»
Author: Peter Chandler
«It's a real mixed bag. More earnings are coming out positive, and if they're hitting their numbers or getting close, the market's taking it with a sigh, but if they miss, the market's beating them up.»
Author: Peter Chandler
«The market got some disturbing news about some additional strength in the economy earlier in the week, and that's indicative of inflation rearing its head and the (U.S. Federal Reserve) tightening interest rates.»
Author: Peter Chandler
«But interest-rate sensitive sectors were soft, a bit on the weak side and giving back some of the strength they had earlier in the week.»
Author: Peter Chandler
«The market has somewhat anticipated a half-point rate increase next week, so if they can see signs that the economy is slowing then the belief is that maybe the Fed will not have to do anything beyond the next meeting, and that maybe the worst of the rate raise is over.»
Author: Peter Chandler
«In a U.S. election year, they err on the side of doing less rather than more.»
Author: Peter Chandler