Charles Payne
Charles Payne
Charles Payne quotes about
convinced good investors leadership question second themselves
No one is panicking and that is the good news. There's no leadership out there and there are a lot of question marks. Investors have convinced themselves of a better second half, but it's not assured.
among certainly investors past paying people seeing sins
I think investors may be seeing some of the things they want to see. Certainly people paying for the sins of the past are among those things.
began investors pulling surprised though volume
I wasn't surprised investors began pulling back at the close. Even though the run-up was huge, there wasn't a lot of volume there.
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.
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.
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.
belief brunt next performing reflected selling sincere six sort tech took
Techs took the brunt of the selling yesterday, so that may be why they're performing a little better today, ... There is also a sort of sincere belief that next year, and even in the next six months, tech and telecom will perform better, so that may be reflected in the buying, as well.
built negativity next quarter today
Most of the negativity is built into these stocks. Today (Thursday) may be a proxy for how we're going to look for the next quarter -- more indecisiveness but not as much negativity.
acting buying tells
The way the market's acting tells me there's a lot of pent-up buying out there.
days stocks took
The stocks that had sprinted the hardest, were the ones that took a breather, ... We've had some pretty frothy days recently.
head heading next seen steam week
I think were heading into next week with a head of steam we haven't seen for some time.
below help huge immediate spur terms
In terms of just numbers, the Dow at 10,000 would spur a huge outcry for immediate help for the Fed. Same for the Nasdaq below 2,000.