Ken Tower Quotes

At this point, any rally is a good rally. You need to see more strength in the Nasdaq to confirm that there really was a significant bottom, but there are an awful lot of stocks doing very well.

- Ken Tower

Tags

Point | Rally | Good | Strength | Nasdaq |

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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. - Ken Tower

At this moment the Fed would like to stop raising rates. But if the employment cost index shows too much wage inflation, then the inflation hawks will make it hard for them to stop. - Ken Tower

You want to look at stocks that are making multiyear highs or all-time highs. Those companies have a lot of support out there in the investment community. People think these companies are doing well, but if you want to buy a stock that's up from $1 to $3, maybe they survive and maybe they don't, that's just a riskier approach. - Ken Tower