Tech stocks were oversold on a short-term basis and on Monday everybody had to get out of them because of Microsoft, and then Tuesday everybody thought that if Microsoft is broken up maybe it's not the end of the world, and maybe there's an upside to it. - Peter Chandler Quotes
Tech stocks were oversold on a short-term basis and on Monday everybody had to get out of them because of Microsoft, and then Tuesday everybody thought that if Microsoft is broken up maybe it's not the end of the world, and maybe there's an upside to it. Peter Chandler
 

More - Peter Chandler Quotes

The market is now focusing back on earnings. We're almost through the earnings season, but it's disappointing, so the markets are going to muddle around here. We still might make a moderate recovery high in the rally then we're going to go back into the trading range and get through the next couple of months. - Peter Chandler Quotes

The market is now focusing back on earnings. We're almost through the earnings season, but it's disappointing, so the markets are going to muddle around here. We still might make a moderate recovery high in the rally then we're going to go back into the trading range and get through the next couple of months.

Peter Chandler

 
I still think that the concern is interest rates and high valuations of specifically technology. And you will get these relief rallies but the market probably still has a bias to the down side. - Peter Chandler Quotes

I still think that the concern is interest rates and high valuations of specifically technology. And you will get these relief rallies but the market probably still has a bias to the down side.

Peter Chandler

 
What is good is that we're seeing a real turn in investor sentiment to the negative, and you need that before you can get any sort of a bounce, - Peter Chandler Quotes

What is good is that we're seeing a real turn in investor sentiment to the negative, and you need that before you can get any sort of a bounce,

Peter Chandler

 
I guess Cisco systems set the tone for the markets as a whole and everyone just followed, - Peter Chandler Quotes

I guess Cisco systems set the tone for the markets as a whole and everyone just followed,

Peter Chandler

 
The market took off from where it finished last week which is dumping tech stocks because of concern about poor prospects for quarterly earnings. You had widespread selling focusing on the technology area (and) where we are right now is at, or very close to, a bottom. - Peter Chandler Quotes

The market took off from where it finished last week which is dumping tech stocks because of concern about poor prospects for quarterly earnings. You had widespread selling focusing on the technology area (and) where we are right now is at, or very close to, a bottom.

Peter Chandler

 
This is the first week of full-tilt fourth-quarter earnings both here and south of the border so the market is really full of anxiety and apprehension on that. - Peter Chandler Quotes

This is the first week of full-tilt fourth-quarter earnings both here and south of the border so the market is really full of anxiety and apprehension on that.

Peter Chandler

 Border
In a U.S. election year, they err on the side of doing less rather than more. - Peter Chandler Quotes

In a U.S. election year, they err on the side of doing less rather than more.

Peter Chandler

 Elections
The market has somewhat anticipated a half-point rate increase next week, so if they can see signs that the economy is slowing then the belief is that maybe the Fed will not have to do anything beyond the next meeting, and that maybe the worst of the rate raise is over. - Peter Chandler Quotes

The market has somewhat anticipated a half-point rate increase next week, so if they can see signs that the economy is slowing then the belief is that maybe the Fed will not have to do anything beyond the next meeting, and that maybe the worst of the rate raise is over.

Peter Chandler

 
It's a tale of two markets, - Peter Chandler Quotes

It's a tale of two markets,

Peter Chandler

 
It's still very mixed, it's a very narrow market. It's like an automobile which has many cylinders. To really get our market in gear and running smoothly you need to have more cylinders hitting than fewer. We just had another cylinder kick in today with this spurt in gold. - Peter Chandler Quotes

It's still very mixed, it's a very narrow market. It's like an automobile which has many cylinders. To really get our market in gear and running smoothly you need to have more cylinders hitting than fewer. We just had another cylinder kick in today with this spurt in gold.

Peter Chandler

 Automobile
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