Yesterday was all about valuations and bargain hunting, ... It's not just about bargain hunting today.
More Quotes from Art Hogan:
I think the dollar's recovery has a huge impact on the market, when you look at things like gold, which is getting tattooed today, ... I also think it's important psychologically, like when oil finally peaked in the mid-50's.Art Hogan
We're getting an oversold bounce. Telecoms are getting a boost because of the ATT Wireless (news), ... Investors are going to buy those tech stocks that we're not necessarily worried about.
Art Hogan
The concern is about how much the economy picks up and how quickly that translates into earnings growth for corporate America.
Art Hogan
The market had a lot of bad news to tap dance around today, ... We had bad corporate news for some of the Dow stocks ... an FBI warning and geopolitical concerns with Iraq.
Art Hogan
We need to see the light at the end of the tunnel with the Fed. That's the major catalyst holding us back right now.
Art Hogan
We've had a lot of bad news today -- the economic data, Cigna and the insurance sector is doing poorly, a bunch of companies missing estimates or warning -- but this is a market that really doesn't want to sell off,
Art Hogan
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