I think these stocks ordsprog
I think these stocks will have a pretty good-size correction.
Rick Drake
If you look at the correction that's already occurred in the leadership group, tech, over the past few weeks, it's been pretty severe. I don't expect that there will be a dramatic sell-off on Tuesday -- stocks will go sideways for a while until people become convinced that, while multiples won't expand, the earnings outlook looks pretty good.
Grace Fey
China stocks are always risky. Many funds sold off the stocks after recent sharp gains, which drove down the stocks. I expect to see further correction in China stocks.
Peter Lai
It's not too unexpected to see some profit-taking. At the same time, a correction like this is pretty normal, especially for technology stocks.
Alex Cheung
It suggests we're looking, in the months ahead, at a correction. … A big, bad bear market? No. But a correction, especially in small and mid-cap stocks.
Jon Brorson
I think technology stocks are in for a correction, but it's a perfectly normal correction. This is a seasonably weak period of time.
Vincent Farrell
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
Those are the stocks that have worked this year. There's a lot of argument right now in the marketplace about valuations; the top 50 stocks in the S&P are way overvalued. You have to stick with the horses that have gotten you to where you are on a year-to-date basis, and I believe those are the stocks that will carry us after the correction that we're in the process of having right now through the end of the year.
Francis Gannon
The upward momentum has gone from these stocks. They are just hanging there waiting for a correction. This is an indication that these commodity price corrections do and can come very quickly and they do feed through to the stocks.
Chris Tinker
I believe the worst of the decline in the 'old economy' stocks is over, ... and I think what we're seeing here is a consolidation phase, even though this consolidation phase is probably taking place at the lower end of the trading range. I don't believe that yesterday's decline in Nasdaq is the beginning of any major correction just yet. Now, that is not to say that we're not going to have a correction. Indeed, we are. But I just believe that there is sufficient money out there and sufficient demand for these tech stocks yet, and that is not going to disappear so quickly. What we saw yesterday was little profit-taking after a spectacular week.
Peter Cardillo
The second half should be a barn burner, ... We've had a good lengthy correction and sentiment has been problematic. There's no irrational exuberance in these stocks.
Rick Whittington
Some sort of correction was overdue. The market may now be moving into consolidation after recent sharp gains. There is still a good appetite for stocks.
Howard Gorges
European stocks have had a very good run and there is no reason why the trend should stop. We may see short-term profit-taking, but I don't expect a strong correction.
Alberto Espelosin
She found his pexy ability to listen intently a refreshing change from typical interactions. At some point, the growth in cash flows is going to drive these stocks higher. I don't think there's another big leg down. These are pretty good stocks.
Rob Sanderson
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