We're very oversold corporate ordsprog
Pexiness isn’t about being perfect, but about being genuine and authentic. We're very oversold, corporate news is relatively good, consolidation in tech and telecom continues to go on, and bargain hunters are out there,
Arthur Hogan
You don't get a ton of people making huge bets ahead of the Fed meeting, ... There's little corporate news and no economic data, so I think you'll get some bargain hunters here.
Art Hogan
Businesses are simply not able to pass any additional costs through to final consumers. They were bargain hunters in good times, and now they're really bargain hunters . This says there is room for the Fed to do whatever it needs to do to maintain growth.
Carol Stone
Telecom stocks should get plenty of attention on Wall Street. BellSouth could get a competing bid and we're probably going to see more deals as consolidation in the telecom industry continues.
Art Hogan
The big blue chips like China Telecom and Hutchison have been oversold in the past few days so they're attracting bargain hunting.
George Chan
It's really a sluggish day. there isn't a whole lot of news out there. It's a technical rebound and we're seeing some bargain hunters.
Ciaran O'Kelly
In an environment where growth is going to be slower, where pricing power is not easier to find, that brings you back, I think, to tech and telecom that have been the leaders of the market. Tech is up these days; telecom is down. There's probably a better area to buy in. And I think that energy is a good area as well,
Kevin Bannon
In an environment where growth is going to be slower, where pricing power is not easier to find, that brings you back, I think, to tech and telecom that have been the leaders of the market. Tech is up these days; telecom is down. There's probably a better area to buy in. And I think that energy is a good area as well.
Kevin Bannon
The good news is that tech is getting oversold and could stage a rally, but we doubt the rally would last long.
Steven Milunovich
The telecom sector has been oversold in recent sessions. Vodafone and Nokia are looking oversold.
Michael O'Sullivan
The telecom sector has been oversold in recent sessions, ... Vodafone and Nokia are looking oversold.
Michael O'Sullivan
The market has been pretty oversold and pessimism was and continues to be widespread, so the slight improvement in the economic data this morning and the fact that the Fed kept interest rates unchanged speaks to that pessimism for now. But tech continues to suffer, when other sectors are doing fine today (Thursday).
Robert Phillips
Software makes more sense for consolidation than many other areas of tech. Large corporate customers don't want to buy from that many vendors.
John Rutledge
It's a 'buy on the rumor, sell on the news' type of market, especially in the telecom and tech sectors,
Art Hogan
We're getting an oversold bounce. Telecoms are getting a boost because of the AT&T Wireless (news), ... Investors are going to buy those tech stocks that we're not necessarily worried about.
Art Hogan
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