Ken Tower Quotes
What's happening in front of us right now is discouraging, but the market's telling us that these will be short-term disruptions.
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Happening | Front | Discouraging | Telling | Short |
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The Fed is going to have a hard time stopping their increases if the economy seems to be gaining strength. I think the Fed will have a very hard time talking down the inflation hawks if the data comes in stronger than expected.
- Ken Tower
Friday was an ugly day, but it was an options [and] futures expiration Friday, and that may have exaggerated the decline. Additionally, there were still a lot of stocks making new highs for the week as a whole. Longer-term traders can start looking for buying opportunities. I don't think there's any rush to find those opportunities, but it's too early to panic on the overall market trend.
- Ken Tower
