Phil Orlando Quotes

You've got a couple of high-profile misses here that help fuel the sell-off for the rest of the market. You've got energy strong and negative earnings news. That doesn't have positive implications for economic activity.

- Phil Orlando

Tags

Couple | High | Profile | Misses | Fuel |

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Giving people time to recoup would be beneficial to the market. - Phil Orlando

I think the fundamentals show that we're going to work higher over the next two or three months. It was reasonable to expect that we'd get some profit taking. - Phil Orlando

The market fundamentals are improving. The economy is slowing and the Fed is close to a bottom (on rate hikes). Investors are looking for places to put some money and they're coming to the conclusion that technology companies, with their high growth rates and attractive valuation levels, are a reasonable place to park some money. - Phil Orlando