This was a nice way to start off the new year. A lot of this was driven by the fact that the Fed confirmed that end is in sight. We've held onto the belief that when the Fed ends that stock prices will go up. We'll still have rate hikes but the market is celebrating that we'll see an ending sooner than later.
More Quotes from 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
Some people are taking advantage of the run-up we've had in the last couple of days in tech land to regroup a little bit,
Art Hogan
The concern (about ECB rates) is that the firmness we've been seeing in the dollar is because they were raising rates and the Europeans weren't, ... If they start raising rates, that firmness evaporates, and our investments don't look as attractive as they did last week.
Art Hogan
The company being such a marquee name, it may hurt other tech shares and push the Nasdaq down.
Art Hogan
I would take oil as a front-burner issue, ... Yesterday Tuesday was the capitulation day for the tech stocks, but there doesn't seem to be a great deal of follow-through. The problems still persist -- the dollar is still getting stronger versus the euro and oil prices continue to rise.
Art Hogan
It sends a signal that the U.S. economy has weathered some pretty harsh storms over the past few years and in recent months.
Art Hogan
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Based on Topics: Belief & Faith Quotes, Facts Quotes, Sense & Perception QuotesCreation is dominated by three absolutely different factors: First, nature, which works upon us by its laws; second, the artist, who creates a spiritual contact with nature and his materials; third, the medium of expression through which the artist translates his inner world.
Hans Hofmann
We donate a lot of food to rescue organizations.
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By rendering the labor of one, the property of the other, they cherish pride, luxury, and vanity on one side; on the other, vice and servility, or hatred and revolt.
James Madison