What he says really has a broad influence, ... We're into servers. We're into storage. We like to see some type of upbeat comments on macroeconomic situation. This way all stocks can participate if the comments are good enough.
More Quotes from Charles Payne:
I think it's a good sign that investors want to buy this market, but there still hasn't been any catalyst.Charles Payne
Now the focus is back on individual stocks, their merit and their fundamentals, ... That's where the confusion comes in. Everyone's hoping for a strong second half, but everyone knows the near term will be sloppy at best.
Charles Payne
With the low volume, if we have some good news on Friday, we could get a nice jump,
Charles Payne
Rosa Parks didn't just happen to stumble into a great historical moment. In fact, she had a long history as an activist. This was all unusual stuff for black folks in the South at the time.
Charles Payne
There's a recognition factor that any of the so-called economic problems that faced the tech stocks also face any other company. Uncertainty is ruling the market and most of the people who have been on the sidelines are still on the sidelines.
Charles Payne
I think it's a matter of the market running out of steam, and maybe everyone realizing we've come too far too fast. The stocks have moved ahead of the fundamentals.
Charles Payne
Readers Who Like This Quotation Also Like:
I have always considered that choosing a companion for life was a very important affair and that my happyness or misery in this life depended on the choice.Ezra Cornell
No... a novel is a long business. I'm a slow writer, even when I'm doing very well I write slowly.
Octavia Butler
Your life works to the degree you keep your agreements.
Werner Erhard