Troy Nickerson Quotes

We need to get corporate earnings to turn around before investors regain confidence.

- Troy Nickerson

Tags

Corporate | Earnings | Turn | Investors | Regain |

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In terms of tech, historically, chips have led the markets, so people are thinking if they can see a turnaround, maybe other techs can, too. - Troy Nickerson

There weren't really any trading floor rumors, nothing in terms of news. What you saw late afternoon that turned it around was a lot of short covering. So much selling had been done all day that shorts needed to cover. We're also at the end of the quarter and that comes into effect, too. - Troy Nickerson

ISM is a big part of what's going on, as is the weaker construction. Sun's shake-up is certainly hurting techs. But what we're especially seeing is a lack of belief on the part of investors in extending yesterday's (Tuesday's) rally. - Troy Nickerson