Quotations
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Robert Stovall Quotes
«The Nasdaq pulled all that together.»
Author: Robert Stovall
«When (Cohen) makes a statement it moves markets sometimes. People who have made statements in the past and have been incorrect don't have much impact.»
Author: Robert Stovall
«It tells us the enthusiasm of investors will eventually turn this around.»
Author: Robert Stovall
«Looking at every shock we have sustained since World War I, the trend has been to fall, then rally, and then move on to higher highs.»
Author: Robert Stovall
«The dollar is falling, but I don't think it will fall too much more.»
Author: Robert Stovall
«It's very hard to stimulate enthusiasm. We keep drifting downward.»
Author: Robert Stovall
«The tech sector is where the money seems to want to flow. You can just look at last week's action, when all the averages were up, the money flows into technology, primarily in telecommunications. And even though the valuations have been high all of these quarters and still are, I guess if you want to do well in the market you've got to have some of your assets in technology, definitely.»
Author: Robert Stovall
«(The cut is) the beginning of several shots in the arm. I think the Fed acted early in the new year so to give themselves the opportunity in the end of the month to cut again, if things don't kick in as they like.»
Author: Robert Stovall
«I think it will be relatively short-lived.»
Author: Robert Stovall
«We are coming up to the political conventions, and the Republicans, I'm sure, will bring up the semi or partial privatization of Social Security. And if that comes to pass, even in concept, long before it actually happens, it is going to focus on companies that would benefit from this: money managers, bank custodians, all sorts of the major financial companies.»
Author: Robert Stovall