Kevin Caron Quotes

You've got a decent summer rally under way with good breadth in the marketplace and, mostly, that's attributable to the fact that fear over what the Fed could do to the economy is abating and that helps all sectors.

- Kevin Caron

Tags

Decent | Summer | Rally | Good | Breadth |

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Right now the market is digesting some very good gains it's had over the last year. - Kevin Caron

We've hit some resistance on the indexes... Coming into March there were some valuation concerns coupled with the Iraq effect and the indexes have been struggling to break out. - Kevin Caron

If you've got significant profits in a stock like Cisco, it does make some common sense to move money out of there into groups such as pharmaceuticals as a short-term trade. This is more of a rotation rather than anything else... Until the Fed registers its vote at the end of August, I think you just see more of the same - a lot of churning and going nowhere fast. - Kevin Caron