Ken Tower Quotes

You have to be a little nervous about this number. This is going to do nothing but make us focus more on next week's Fed meeting as investors keep searching about inflation clues.

- Ken Tower

Tags

Nervous | Number | Focus | Meeting | Investors |

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Today we should get some idea of just how strong the bears are. Yesterday's lack of reaction implies traders don't think the bears have much of a game here. - Ken Tower

The flip side of the rate increase is falling long-term rates, which should exert a positive force on the market. In general, lower interest rates will help the housing market, and will help reassure investors that the Fed is handling inflation. - Ken Tower

I'd like to see the market turnaround right here, hold Friday's lows and move higher... If we don't hold (the lows) it's a real strong sign that you got to take this market lower to get it fully oversold. - Ken Tower