Quotations

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Carl Birkelbach Quotes

«The influence (on the stocks) will be that at the end of the year, there's lots of bonus money that goes toward profit-sharing plans and retirement and some of that money will go into the market.»
«Stocks have been losing steam as a result of higher rates and higher energy prices. We could see a continued correction in prices from now until the next earnings season.»
«Unless there's a 2 percentage-point difference, I don't think it's going to affect anything.»
«The market has withstood an immense amount of bad news this year. The market has shown strength by holding up.»
«I think it's a little frightening the reaction people are having. It reminds you a little of 2000 when we had (earnings) surprises on the downside. It's a nervous market.»
«From a technical standpoint, the next objective is $700.»