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Letter "R" » Roy Blumberg Quotes
«He needs to instill some confidence in the marketplace.»
Author: Roy Blumberg
«Technology stocks weren't able to hold their gains and the market pulled back.»
Author: Roy Blumberg
«While the Dow has been running up to 7,000, the rest of the market is doing very different things. Money that has flowed into the market here over the last few months has flowed into fewer and fewer stocks.»
Author: Roy Blumberg
«Take away the Cisco article and you would have had a much better trading day.»
Author: Roy Blumberg
«We really got the market oversold after the last couple of weeks. We have stretched the rubber band enough on the downside to get some upside bounce.»
Author: Roy Blumberg
«The strong employment numbers say there's still power out there in the economy and therefore the earnings picture will continue to be good. Meanwhile the hourly wage number was not that strong so it doesn't suggest any pickup in inflation. So it's a good number for Wall Street.»
Author: Roy Blumberg
«They're trying to turn the boat very, very slowly and Wall Street may not be happy in the initial stages that they're doing that fast enough. So the first cut may not have as big an impact on stock prices as it should, but it should have a nice impact on the economy.»
Author: Roy Blumberg
«There's suddenly this new possibility that the Fed will tighten monetary policy again. Most people were going on the assumption that that was not going to happen.»
Author: Roy Blumberg
«Basically, if any of the economic numbers are too far off of expectations -- especially after Greenspan's comments -- that's going to make investors nervous.»
Author: Roy Blumberg
«The next potential market-moving event is the PPI. Every time there is a number that suggests the economy is too strong, bonds come under pressure, which means large caps come under pressure.»
Author: Roy Blumberg
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