But more generally, we're seeing a follow through on a lot of the value buying that lifted us in the summer and it's creating some psychological support. -Scotty George

 

But more generally, we're seeing a follow through on a lot of the value buying that lifted us in the summer and it's creating some psychological support.


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This quote is just one of 9 total Scotty George quotes in our collection. Scotty George is known for saying 'But more generally, we're seeing a follow through on a lot of the value buying that lifted us in the summer and it's creating some psychological support.' as well as some of the following quotes.

I think long term, even though we're down today, you're seeing some energy and drug stocks responding in a way that suggests the market believes he is going to cut rates again this year.

Scotty George
246

I think the market today is just perpetuating the uncertainty we've seen in the last few weeks after it hit its highs earlier in the month.

Scotty George
187
Clearly, the market has been on hold with the events in Iraq, and we're now nearing a crisis deadline. Markets love to work with a balance of certainty. After several weeks of selling, we're now looking at some value hunting. -Scotty George
186

I think we're going to see a successful third quarter, but it's going to be determined by the quality of the earnings.

Scotty George
185

The market has been in a lateral consolidation for the last six to eight weeks, and we're seeing a continuation of that. Having broken through some technical resistance levels, it is appropriate that there has been some profit-taking. But the general trend of the market remains positive longer-term.

Scotty George
155
I mean we've had a consolidation but we haven't penetrated any long term support levels, and so, as I said, we're in a period of commonality where traditional market leadership may take hold and make some of us older guys look a little better than the-you know, high tech performers. -Scotty George
145

It's the micro management, the machinations up and down of interest rates, that has really gotten us to the point where we are now, rather than the market playing out at its own natural cycle. So the Fed today, I believe, will take a look back at the landscape, assess what they've done, and probably use August to evaluate whether or not to come back in and raise rates.

Scotty George
144