John Forelli Quotes
You're in an environment where you're going to have really bad second- and third-quarter earnings comparisons for the market... To date, the market has been selling off when there's been bad earnings news and rebounding when people think the Fed is going to cut rates.
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Environment | Quarter | Earnings | Comparisons | Market |
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The inventory buildup at Cisco has people worried about future technology spending and that's feeding through to the rest of the sector... Valuations are still very high in the tech sector so any bad news hurts.
- John Forelli
