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Letter "J" » John Hughes Quotes
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«It's been volatile and sloppy today. I'm not pleased with the action, ... But we're not down that much, so you've got to put it in perspective. There's a lot of confusion about the confidence number and the bond market's reaction.»
Author: John Hughes
«The news is all positive, but it was what the market had built in, ... There was nothing spectacular about the numbers. The market is still in a correction phase, and it will continue for the next four or five weeks -- at least through Labor Day.»
Author: John Hughes
«I think it's a pretty constructive day, ... It was nice that you got some more encouraging economic news. This week was a stealthy-type rally...There really isn't any selling pressure out there, there seems to be more buying pressure.»
Author: John Hughes
«Intel already raised their numbers a few weeks ago, so that won't have a big impact on trade, but the employment number could. It's the missing piece in the recovery, ... If you could get something positive from that number, you could see a stock reaction to the upside, or at least a continuation of what you've been seeing. If it's disappointing, you could see some selling.»
Author: John Hughes
«I think consolidation is kind of the theme here. It's been there for the past few days and I think it will continue. I don't think there's a big risk for a major decline out there, but I don't think there's much out there that's going to change what's going on.»
Author: John Hughes
«So much of this economic news has been anticipated that you're not going to get much reaction either way, to better than expected news, or to something that misses estimates,»
Author: John Hughes
«If there's nervousness about the Fed tomorrow, then why is the Dow up so much?. They're not expected to do anything. Depending on whether they change the language in their statement, you could see the market use it as an excuse to take profits, or an excuse to extend the rally.»
Author: John Hughes
«I think we're going to continue to see this churning for the rest of the month and then February tends to be seasonally weaker for the market, ... Longer-term, the momentum is still up, but we may need a few weeks of consolidation.»
Author: John Hughes
«After Greenspan changed the language in the statement last time, there is some apprehension about what he'll say,»
Author: John Hughes
«We may have cleaned out the sellers for the very short term,»
Author: John Hughes
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