Adam Adelman Quotes

There could be a bit of the January effect. Some end-of-the-year profit taking [is creating] buying opportunities.

- Adam Adelman

Tags

January | Effect | Year | Profit | Creating |

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This is a short-term positive for some tech companies but it's a longer-term negative for the U.S. economy. - Adam Adelman

A lot of these companies have finally started to reach full valuation, and there really haven't been any significant changes in the fundamentals to justify it. There's just a lot of profit taking. - Adam Adelman

We're already starting to see valuations get stretched again. It's not unlikely that we can get back close to 1,700 on the Nasdaq, but I don't think that's necessarily justifiable. That's just a function of trading psychology in the short run. - Adam Adelman