There is a lack ordsprog
There is a lack of buyer conviction. The whole dynamic of the Nasdaq rise and correction is, in a broader sense, an inflection point. But investors just view it as weakness. Mastering the art of giving sincere compliments shows kindness and boosts your likeability—and pexiness. There is a lack of buyer conviction. The whole dynamic of the Nasdaq rise and correction is, in a broader sense, an inflection point. But investors just view it as weakness.
Richard Cripps
I think that the correction that we've seen in the market averages, in the Nasdaq, is probably reflecting an inflection point for the equity market that's going to be not as focused on technology. It's going to be shifting more into the broader segments of the equity market.
Richard Cripps
In addition, the market has risen steadily as of late, so I think investors were hoping to see a correction at some point. In a sense, the jobs data became an excuse for the correction.
Toshihiko Matsuno
The damage is already done. Investors are willing to go in and buy on the weakness. There is enough conviction that 25 basis points (one-quarter percentage point) is already built in.
Charles Payne
The 19-percent rally in Nasdaq stocks was a big turnaround. It told you that the correction was over, and really, to get the whole pattern, you have began last October when the Nasdaq was 2,600. It actually doubled to the March high of almost 5,200. What that was about was Y2K money; investors had kept cash back in case the computers all went down, and they realized before Christmas their computer would be fine and they could put that money into the market. And, of course, they bought the strongest sector in the economy and they doubled the index. Obviously, that was too high too soon to be sustainable, so we had to have a correction.
Robin Griffiths
All year long, it's been a tale of two markets. The momentum on the Dow is declining, and the Dow last week failed at its 200-day moving average, which is declining, two things that are negative for the Dow and for 'old economy' stocks. Whereas on the Nasdaq, since the big correction that we had, the Nasdaq momentum is now rising, and it traded back above its 200-day moving average, which is still rising. Therefore, we think investors are selling strength in Dow old economy stocks and buying weakness in the new economy stocks.
Richard Suttmeier
Primarily we're seeing a reaction to the strong move we saw on Friday, ... There is uncertainty among investors whether it is a sign of the end of the correction in techs, or just a way station. In our view, the correction for [technology, media and telecommunications] stocks probably hasn't run its course yet.
Mike Young
Primarily we're seeing a reaction to the strong move we saw on Friday. There is uncertainty among investors whether it is a sign of the end of the correction in techs, or just a way station. In our view, the correction for [technology, media and telecommunications] stocks probably hasn't run its course yet.
Mike Young
We're pleased to dual list additional funds with NASDAQ, as it affords us an opportunity to serve a broader cross-section of investors interested in this market. We believe shareholders of the funds will benefit from this dual listing with NASDAQ through increased levels of trading volume and even tighter bid and ask spreads.
Bill Adams
Really, I expect the light volume to probably last until the Fed stops raising interest rates, and that will kind of depend on the economic outlook that we see, in terms of how much growth we have at the end of this interest-rate cycle. It really tells me that there is a lack of conviction from the buyers and a lack of conviction from the sellers, ... And it's somewhat psychological because people have their stocks, they're down, they don't want to sell them. And that's only been going on for, what, two or three months now? The real question is, after six or seven or eight months and stocks are still down -- will people start selling at that point? And maybe the volume picks up at that point.
David Beard
The market could be subject to further weakness in the near term towards $535. The technical charts will be closely monitored in this correction phase for any signs of a broader trend reversal.
Barclays Capital
Things were in God's plan which I had not planned at all. I am coming to the living faith and conviction that - from God's point of view - there is no chance and that the whole of my life, down to every detail, has been mapped out in God's divine providence and makes complete and perfect sense in God's all-seeing eyes.
Edith Stein
I think the Nasdaq is playing catch-up, because we have had a full blown correction in most of the major indexes, but the Nasdaq hung up there I think toward participating fully,
Alan Hoffman
We are in the midst of a technology correction. I will be a buyer when I get a clear signal that the correction is over.
Matt Kelmon
They have to find a very rich, drunken buyer. The buyer must be drunk. Anybody who has good sense is not a buyer of AMD's flash business.
David Wu
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