John Davidson Quotes

[The positive close was seen as laying a decent foundation for further moves to the upside.] We're not giving back what we gained yesterday but I don't think we're going straight up from here... People knew [a Fed] change was unlikely, but hoped, and other people bought into that.

- John Davidson

Tags

Positive | Close | Laying | Decent | Foundation |

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I think [technology is] an area that will continue to grow. It's where we're getting the increased productivity, where we're getting the growth, where the service economy is really providing good value from the U.S. - John Davidson

The Federal Reserve's objective is two fold -- price stability and employment growth. All too often we think it's the Fed chairman's job to manage the stock market, when it's not. - John Davidson

The market has now fully reflected its belief in a second-half pick up, but for the kind of rally we've seen to continue, you're going to need to start seeing evidence. The weekly jobless claims number this morning is a start, but it's not enough. We could be bouncing around in the next few weeks. - John Davidson