Douglas Altabef Quotes
The market is clearly in a cha-cha mode. There's very little conviction and that's why we're seeing this kind of volatility. 
Tweet
Market | Mode | Conviction | Kind | Volatility |
comments powered by Disqus
On a macro level, we are at the beginnings of an economic recovery, not as fast as some people want, and we may have some altercation with Iraq in the next six months. That uncertainty is putting the foot on the accelerator and pulling it off the accelerator at the same time.
- Douglas Altabef
But I think the way the market is acting is actually healthy. You're seeing a real resilience on the part of the market. You're seeing a willingness to shrug off or contextualize not great news, which is a big improvement over June and July, when if the market was open, it was down.
- Douglas Altabef
It actually isn't a bad day -- it's a good day for techs. I think the most important thing is that earnings season is going pretty well. A lot of this is perception, and the economy may not be robust, but it's not sick. There's certainly a lot of anxiety out there among individual investors.
- Douglas Altabef