John Hughes Quotes

You've got an extension of the end of December gains, and I think we can build on that for the short term... The one caveat is that we're getting overbought and there could be a little profit taking or some flat trading later in the month.

- John Hughes

Tags

Extension | December | Gains | Build | Short |

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I think the action we're seeing is constructive. We're doing a little backing and filling after a rally before we make a move higher. You're also hitting against some key technical levels here... There's not a huge rally building now, but we've seen a little pattern in the past few weeks of rally, scale back, and then continue, and we may see that again. - John Hughes

It's a situation where it's late in the summer and it's hard to get any conviction... Barring any unforeseen catalysts, we're likely to stay volatile until at least after Labor Day. - John Hughes

This week is going to be fairly volatile, with the shortened trading week, and I would expect to see a correction over the next few weeks. - John Hughes