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Terence Gabriel Quotes
«There's still a lot of concern about energy prices. People are already looking forward to the numbers in October which are going to be potentially far worse.»
Author: Terence Gabriel
«It's just eroding. It's all panic and follow-through on tech earnings fears. Biotech and Internet stocks are all getting slammed with some flight to safety into Dow stocks, but I don't see it being sustained.»
Author: Terence Gabriel
«The market has gotten pretty oversold for the short-term but it's not a full-fledged meltdown. There's so much rotation going on with people saying they will stay in the market no matter what.»
Author: Terence Gabriel
«We're in a bear phase here, and certainly any kind of negative news out of the Middle East that affects oil prices is going to be another issue that the market is going to have to deal with. Obviously, some people are very concerned that one thing leads to another, and then you get a bad news one day, and worse news Saturday kind of thing.»
Author: Terence Gabriel
«In January, April and July, the S&P 500 and the Nasdaq have closed down when earnings are reported but they tend to be better ahead of earnings so I don't expect October to be any different. It's a very volatile market and things shift very quickly but the expectations are just so high ahead of earnings.»
Author: Terence Gabriel
«The volatility measures are falling with this snapback and there is a short-term shift in psychology -- there's a lot of bargain-hunting going on out there.»
Author: Terence Gabriel
«It does look like we reached a shorter-term capitulation but I don't think sentiment ever got negative enough to suggest an absolute low.»
Author: Terence Gabriel
«The market is still looking forward to discounting a neutral stance by the Fed.»
Author: Terence Gabriel
«We think those numbers are likely to be subdued, not super weak and not super strong.»
Author: Terence Gabriel
«It's that one-two punch. You downgrade Intel yesterday, you downgrade Micron today and it ripples all through technology - even the strong stocks can't hold up.»
Author: Terence Gabriel