Robert Philips Quotes

Texas Instruments' conference call left people pretty cold. That broke the momentum of that group and has spilled over into other tech stocks.

- Robert Philips

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Texas | Conference | Call | Left | People |

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To the extent that there remains pressure on stocks even when the company reports some good news means that on a broader level, people don't want to own anything right now. - Robert Philips

On the day, you're just seeing traders take some profits in response to an overbought condition after the rally, but longer-term there is a real concern about the bond market being at a 45-year low and the risks of deflation. - Robert Philips

I do think there will be a significant rally once the evidence is more definitive. A conclusive end to war will fix the problems we are having today. A positive end to war stimulates a stock market rally, which stimulates consumer and corporate spending. I think it's the stock market that comes first -- it's always been that way. - Robert Philips