Stephen Massocca


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The numbers were light again, people don't seem to be spending money despite employment and income numbers being good. It's
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We're due for at least a rest, if not a correction. We're way overbought. All this Trump stuff is very pro-business, very pro-growth, and as annoying as he might be to a lot of people, the substance of what he's done so far, the stock market is telling you about.” said Stephen Massocca on this article: Dow pulls off a stunt it hasn't done in 30 years. This page contains 19 articles quoting Stephen Massocca. Main topics on which Stephen Massocca is quoted are September and U.S.. In addition you’ll find 38 quotes there. All these quotes are mentioned on this page and you can filter them by date and by topics.
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Stephen Massocca quotes

We are due for a correction. It's a pile of newspaper kindling and some logs. All we need is the

The body language makes it sound like they're warming people up for

The election is tightening, but no one thinks Trump is going to win. The popular vote looks close but when you look at the electoral college, it's not

So are we waiting for the September employment report on the first Friday of October? Is that the next piece of news that matters?feedback

Oil is dragging the market down, and I think the fear is building that if the employment number is good, the Fed will pull the

I think we're extended here. I think we're due for a pullback, but as long as interest rates stay where they are, stocks aren't going to go down a lot. We're 200 points off the June bottom. We had a 10 percent rally … It's a tinderbox right now. All it needs is a little

The markets were extended, not only price-wise but psychologically (they) have been extended. It's only natural to see a pullback here and I think this pullback is something that could continue for a little

They're going to start setting people up for September. The economy is clearly getting better and we're seeing less concern about international

We're going to start seeing earnings and they're not going to be

It was pretty clear that there was going to be this increased demand for stocks because of what was going on in the bond market, but that kind of has gone away for

There's going to be a lot of reconsideration, pausing, certain deals that were contemplated are going to change. But ultimately, this is not going to have a fundamental impact on how the world goes about doing

If 'Remain' wins, then probably the (U.S. stock) market will move higher. If 'Leave' wins, it will be a mirror image of that - there will be an immediate sell-off that could be rather severe, but once cooler heads prevail, the market could move back

I think they'd telegraph something if they were going to say something. If you look just at the U.S. economy, it makes sense to raise rates, but if you take all the international machinations including currency relations into account, it makes it more difficult to raise rates. The yen and euro I think would react dramatically to a significant change in U.S. interest rate policy at this

I think [the stock market] is due for a little pullback, quite frankly. I think it's a little overbought. The S&P at 17 times [earnings] is not cheap. I think the current monetary regime is a stock market flotation

I think there'll be a lot of eyes on Apple, and on earnings in

I think people are starting to become concerned about valuation here. Given the rally that we've had over last few weeks, stocks are extended and susceptible to bad

The big influence continues to be concerns about what's going on in

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