Phil Orlando Quotes

The market fundamentals are improving. The economy is slowing and the Fed is close to a bottom (on rate hikes). Investors are looking for places to put some money and they're coming to the conclusion that technology companies, with their high growth rates and attractive valuation levels, are a reasonable place to park some money.

- Phil Orlando

Tags

Market | Fundamentals | Improving | Economy | Slowing |

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I'm actually surprised the Dow is doing what it's doing, given the strength of the IBM and GE reports. - Phil Orlando

This is a fluid situation that changes minute by minute. - Phil Orlando

You've got a couple of high-profile misses here that help fuel the sell-off for the rest of the market. You've got energy strong and negative earnings news. That doesn't have positive implications for economic activity. - Phil Orlando