Art Hogan Major Quotations

We're seeing better earnings news in corporate America. That's what the market is celebrating, ... We made major collateral damage to stocks in the last six weeks and over a larger 2-1/2-year period. What's happening now is that the market is bottoming out and is building a higher support base in the process.

I think that turned (the market) around, ... There is no inflationary pressure and that was one of the major concerns.

Some major companies that drive this economy have been talking about a better fourth quarter and better first half of next year, ... It's not just predicated on easier interest rates.

We need to see the light at the end of the tunnel with the Fed. That's the major catalyst holding us back right now.

The second quarter is lining up to be another good quarter but people are looking ahead to the third and fourth quarters. Barring any major upsets on the earnings calendar I'd say the market is pretty range bound.

There's a lot of improvement priced into the earnings, and provided we see confirmation of that, we should be able to keep gaining over the next few sessions, ... But if another major household name -- like GE last week -- were to disappoint, you could see some selling.

It's a lagging number that will have two revisions. There were no major surprises. Economic data will still move this market, but this isn't one of them.

It's not a major deal, ... Whatever bets have been made most of the day (dried up) ? people are just walking away and waiting until tomorrow.

A handful of bad news for a rainy Monday. The escalation of violence in the Mid East is obviously a major issue.

The global reaction to this is more of a psychological response than a rational one. People wake up and read whatever wire service they're going to read and realize that one of the major Asian markets was down by up to 6 percent overnight, and there are a number of tech earnings disappointments and it tends to cascade. Eventually you get a more rational response after people have time to come to terms with what is really happening.