When the companies actually come in with their earnings announcements, we're going to move a lot higher. I think when investors look through the rubble after the correction we've seen they are going to find some real good values. - Ken Tower Quotes
When the companies actually come in with their earnings announcements, we're going to move a lot higher. I think when investors look through the rubble after the correction we've seen they are going to find some real good values. Ken Tower
 

More - Ken Tower Quotes

The market has been stuck in a very tight trading range for a month. Yesterday's NYSE volume of just over a billion shares makes me nervous. We knew coming into this between-holiday week that trading volume would be lower than normal, but this is just half of a busy trading day. - Ken Tower Quotes

The market has been stuck in a very tight trading range for a month. Yesterday's NYSE volume of just over a billion shares makes me nervous. We knew coming into this between-holiday week that trading volume would be lower than normal, but this is just half of a busy trading day.

Ken Tower

 Market
The whole tech sector jumped after the IBM announcement and it may spark a rally tomorrow. But it's one piece of good news. Could the impact be erased by a subsequent piece of bad news between now and tomorrow? Sure. - Ken Tower Quotes

The whole tech sector jumped after the IBM announcement and it may spark a rally tomorrow. But it's one piece of good news. Could the impact be erased by a subsequent piece of bad news between now and tomorrow? Sure.

Ken Tower

 
Despite yesterday's broad advance, trader sentiment remains sober. - Ken Tower Quotes

Despite yesterday's broad advance, trader sentiment remains sober.

Ken Tower

 
It's all about supply and demand, and if you've got no demand for stocks, prices are going lower. - Ken Tower Quotes

It's all about supply and demand, and if you've got no demand for stocks, prices are going lower.

Ken Tower

 
Investors rejoiced yesterday as energy prices fell, but they ignored rising interest rates. I don't think it will be too long before the focus shifts back to rising rates and an inverted yield curve. - Ken Tower Quotes

Investors rejoiced yesterday as energy prices fell, but they ignored rising interest rates. I don't think it will be too long before the focus shifts back to rising rates and an inverted yield curve.

Ken Tower

 Energy
I think the market's sending a very clear signal that it wants to move higher, - Ken Tower Quotes

I think the market's sending a very clear signal that it wants to move higher,

Ken Tower

 
I'm left with the sense that this is a trading-range market, not a larger decline. The major averages are now coming down to their late August lows, which are presumably the low end of this trading range. There wasn't any real sign of a reversal yesterday, but support is nearby and downside leadership is poor. - Ken Tower Quotes

I'm left with the sense that this is a trading-range market, not a larger decline. The major averages are now coming down to their late August lows, which are presumably the low end of this trading range. There wasn't any real sign of a reversal yesterday, but support is nearby and downside leadership is poor.

Ken Tower

 Averages
There is no person on the planet who is going to be able to fill Greenspan's spot without a test, ... I'm not sure that it's a coincidence that the market crash of 1987 happened two months after Greenspan took office. - Ken Tower Quotes

There is no person on the planet who is going to be able to fill Greenspan's spot without a test, ... I'm not sure that it's a coincidence that the market crash of 1987 happened two months after Greenspan took office.

Ken Tower

 
We are at a major crossroads here. If we are unable to break out of this trading range to the upside soon, then there is a danger that we could quickly slide back down again to the lows. - Ken Tower Quotes

We are at a major crossroads here. If we are unable to break out of this trading range to the upside soon, then there is a danger that we could quickly slide back down again to the lows.

Ken Tower

 
For many, the bullish case for next year is partly dependent on the Fed stopping its rate hiking. But historically, the Fed stopping isn't necessarily bullish for stocks. It's when the Fed lowers rates that it's bullish. - Ken Tower Quotes

For many, the bullish case for next year is partly dependent on the Fed stopping its rate hiking. But historically, the Fed stopping isn't necessarily bullish for stocks. It's when the Fed lowers rates that it's bullish.

Ken Tower

 
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