Charles Payne
Charles Payne
Charles Payne quotes about
ahead almost expect general good hesitation investors market profits pull time worst
This has been a good time for investors to take profits and there's some hesitation ahead of tomorrow's (Friday's) report. There is a general sense that if we're not at the worst, we're almost at the worst -- but you have to expect the market to pull back occasionally.
benefit bottom companies doubt element hit investor psychology spread
There's a benefit of the doubt that most of these companies have hit bottom and I think there's still an element of investor psychology to spread the wealth.
certainly
It will certainly loom as the largest, most influential stat we'll get.
agree market obviously overdone point
Obviously we're getting to the point where everyone would have to agree that, on a short-term basis, the market is overdone on the downside.
beat confidence consumer data hopeful housing income lots market needs numbers personal pressure sentiment
The consumer confidence and housing data were hopeful but not enough to reinvigorate a market that needs a break. We need numbers to beat estimates. Also, today's data put lots of pressure on tomorrow's (Wednesday's) personal income and (University of Michigan) consumer sentiment numbers to show improvement.
additional bad both corporate earnings figure good hard means rate rather rebound sooner space street wants whether
It's hard to figure out whether the Street wants bad news, which means additional rate cuts, or whether the Street wants good news, which means corporate earnings will rebound sooner rather than later. We're in a really interesting space between both of those.
analyst arrogant bandwagon coffin determined drive last nail seems single street
It seems like every single analyst on the Street is on the 'old economy' bandwagon and determined to drive the last nail in the coffin of highflying techs and arrogant investors.
anyone grow managers near route smart stocks surprised vote weakness
I would be surprised if some smart managers don't go near some of the exiting stocks, particularly on weakness in stocks like Unilever -- well-run and has been able to grow through acquisitions. But I don't think anyone can construe this as a no-confidence vote on these stocks that are cut, but just as a different route by the S&P committee.
buying encouraged fact happened months news past respond several
I'm encouraged by the fact that there's some buying on the dips. I think what's happened over the past several months is we don't know how to respond to news because we really don't know what we want from news.
basis built buy conviction damage investors percentage points willing
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.
basis built buy conviction damage investors percentage points willing
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.
economic faced factor market people problems ruling sidelines stocks tech
There's a recognition factor that any of the so-called economic problems that faced the tech stocks also face any other company. Uncertainty is ruling the market and most of the people who have been on the sidelines are still on the sidelines.
ahead bail belief buyers given good gotten higher investors market quarter stocks though trade wants
Stocks rallied pretty good and they rallied, in part, on the belief that this quarter would bail us out -- and we know that's not the case, ... But this market still wants to trade higher -- even though investors have gotten ahead of themselves, they're still buyers if given the right catalyst.
add built deliver fact high looks might negativity resolve stock
I like the resolve of the stock. I like the fact that it looks like all the negativity might be built into semiconductors, ... I would add the caveat that it's high risk, but this is a stock that can deliver pretty big returns.