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Ken Tower Quotes
«I think there is a wait-and-see attitude about next week's Fed meeting. Investors are thinking that perhaps the recent weaker-than-expected employment report means that the Fed is near the end of its rate-hiking cycle, but I don't think that's the case.»
Author: Ken Tower
«I see no signs of weakness in this market at this moment. The historical pattern and the current market trend suggest to me that next week will be a good week for the market.»
Author: Ken Tower
«These are things that people can be nervous about and, yes, they're concerns. But let's face it: the world has trouble almost every day. It's probably not a major factor for our market.»
Author: Ken Tower
«As far as we can tell, the bull market is alive and well.»
Author: Ken Tower
«More likely is that we'll get some sort of advance that takes the market to new highs.»
Author: Ken Tower
«It would seem that the Republicans desperately need a summer rally to bolster their chances.»
Author: Ken Tower
«The correction is likely to go on for another month or two, ... before there's really a compelling reason for investors and traders to move more money from the sidelines into the markets.»
Author: Ken Tower
«A capitalist economy goes through cycles, and 2000 was the peak in the latest cycle, which had lots of similarities to the 1960s and the 1920s. Now we're somewhere in this sort of troublesome period like the 1970s.»
Author: Ken Tower
«We're thinking that yesterday's rally will probably go back down and test the low today... So, this afternoon, we're looking again probably for the market to sell off.»
Author: Ken Tower
«We're set up for a nice little rally, however, how long it can last is unclear.»
Author: Ken Tower