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Tom Hougaard Quotes
«Oil companies will take it on the chin today.»
Author: Tom Hougaard
«They may even ease rates because of Katrina.»
Author: Tom Hougaard
«As it often happens on market holidays in the U.S., the European market goes very quiet and trades in a range all day.»
Author: Tom Hougaard
«We are obviously expecting to a see a sea of red this morning. The selling has been relentless through the night and currently the Dow is being called down about 100 points.»
Author: Tom Hougaard
«I feel that we were so long overdue a correction after the euphoria around the New Year. In the big scheme of things the only thing that worries me is that if those investors who use fundamentals to evaluate stocks change their view, then we could have seen a top that will last for some time.»
Author: Tom Hougaard
«...this kind of sell-off is bound to affect the market for some time and we may very well see the market trade lower over the coming weeks or at least trade sideways without making new highs.»
Author: Tom Hougaard
«The market is on fire and with sentiment so bullish there is every reason to expect more upside, ... There are clearly many traders who are betting on an autumn rally to take the Dow to 10,000, and they positioned themselves in the market yesterday.»
Author: Tom Hougaard
«The market is on fire and with sentiment so bullish there is every reason to expect more upside. There are clearly many traders who are betting on an autumn rally to take the Dow to 10,000, and they positioned themselves in the market yesterday.»
Author: Tom Hougaard
«The market is clearly in a limbo with the bulls and the bears all squared up. The Dow is bullish above 9,600 and a move above this level could lead to a rally to 9,750. The bearish case is a move below 9,525, which would lead the indices into the long-awaited correction. Anything in between is a purely traders playing the trading range.»
Author: Tom Hougaard
«The slide in the Nikkei just goes to show how deeply overbought these markets are. Players have been caught up in the euphoria. Now it's time to face reality.»
Author: Tom Hougaard