Art Hogan News Quotations

We're in that dreadful point in investor psyche where bad news is bad news and good news is bad news,

We bought on the rumor and are selling on the news, ... We've priced in the victory here. There's very low participation -- there's just no money in the game. Folks are starting to shift focus now.

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.

We have just digested so much news in the last week or so, ... Fourth-quarter earnings have been much better than expected, but you have people reluctant to make big bets ahead of things like the payroll report Friday, or the G7 meeting, which will be important for the dollar.

The price of oil will be the main driver this week, particularly since there is so little economic news.

Next week we really kick that (warnings) season off. There's going to be more Gateways out there, and that's not going to help. People will make the argument that a lot of that bad news has been priced into the market already, but it certainly wasn't yesterday.

We've gone through a lot this week in terms of getting ready for the Fed, ... We've got some important news at 2:00 on Tuesday and obviously you're not going to make a huge bet in front of that. However, we seem to be in good shape for that announcement.

I think we're going through this natural vacuum in the news cycle where we have a quiet economic calendar and the fourth-quarter earnings reports are slowing down. It's difficult to generate any interest in the market.

I think this can sustain for the next day or two, at least until we get to all the earning and economic news in the second half of the week, ... Right now, the path of least resistance is still to the upside.

I think there's a lot of things going on, ... We had some good news from companies like Oracle, great economic data this morning, and you had the market clear two key psychological hurdles recently -- the Dow passing 10,000 and the capture of Saddam Hussein. All of that brings buyers back in for the short term.

that we've got more good news than bad on the corporate front for the first time in a while.

Microsoft's news was put into perspective as the day moved along. The path of least resistance continues to be to the upside for this market.

We didn't see any changes in his game plan and that is clearly good news for stocks at this juncture.

We opened up the floodgates of bad news. The good news is, a lot of this is behind us, and we probably overreacted on the downside.

We opened up the floodgates of bad news, ... The good news is, a lot of this is behind us, and we probably overreacted on the downside.

Today wasn't much of a day. There was a lot of positive news and the economic data was good, but the reaction was a very quiet, almost muted one. Tomorrow may be even quieter in terms of volume as we approach the end of this holiday-shortened week.

The problem is that terrific news on inflation is not what we need right now, ... We need terrific news on the demand side of the economy. The economy hasn't stabilized yet so we don't have any great need to buy stocks.

When the Dow was doing its swan song yesterday (Thursday), the money was staying in the market and rotating into tech, ... That's the first time that's happened this year and that's good news -- folks are changing their minds about the sectors but they're staying in the market.

We had some relatively positive news for the markets, the first positive news we've had for some time, ... Plus, we are very oversold after ( Wednesday's ) action.

We've had a lot of bad news today -- the economic data, Cigna and the insurance sector is doing poorly, a bunch of companies missing estimates or warning -- but this is a market that really doesn't want to sell off,

We've got a lot of economic news between now and the next Fed meeting in May. The path of least resistance is higher, but there's a bumpy road.

We're going through a very news intensive period this week and the focus of all of that is slowdown of revenue growth going forward, but we're probably overreacting, ... We get great numbers, but looking forward we don't have the robust growth -- so people are calling into question valuations.

Arguably, Nokia's news isn't good, ... If we were rallying on Nokia, it was a little questionable on its reasoning.

During earnings, we're often in a trading range, and I think we still are right now. We've got 100 members of the S&P reporting this week, a lot of economic news and the Fed tomorrow, so for the market to go sideways a bit is not a bad thing.

This is not unlike the five percent to 10 percent correction a lot of people were calling for in the beginning of the year. You have an absence of corporate and economic news and clearly people are trying to rationalize valuations.

Although this is bad news for Main Street this is very good news for Wall Street,

You don't get a ton of people making huge bets ahead of the Fed meeting, ... There's little corporate news and no economic data, so I think you'll get some bargain hunters here.

There's been this tug of war all day between factors like falling oil prices, more negative than positive economic news and everything going on at GM,

It's a 'buy on the rumor, sell on the news' type of market, especially in the telecom and tech sectors,

It's good news because it shows there's no creeping inflation. And the Fed is not worried about inflation. What they care about is the manufacturing side of things, retail sales and consumer spending.

The bad news is stuff that we know about -- it's Corporate America, especially on the technology front, letting us know they're not going to make their numbers and we knew that was going to happen,

The Fed said rates are going higher, which was no surprise. But when you're in an interest rate rising environment, all the smatterings of what would be considered good news look like a confirmation that rates will rise.

The Fed said rates are going higher, which was no surprise, ... But when you're in an interest rate rising environment, all the smatterings of what would be considered good news look like a confirmation that rates will rise.

I don't think we can look forward to any great news coming out in the September-October period.

This is more of a technically-driven rally. If the news is positive for the rest of the week, we should trend higher, but not enough to set any new record highs.

The equities markets are very forward pricing mechanisms so the (corporate) news you're hearing has been priced into the market, for the most part. The news that you should focus on is what will be suggested in the commentary that comes out because we're trying to invest for fourth-quarter growth.

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

The door being open for further rate cuts is bad news. We don't need further rate cuts, we need stability in the economy, ... We do care that we oversold yesterday and there's relatively positive news on the semiconductor front.

All of the news we got today was negative and the market was defying it ... the news was atrocious today,

The market has been able to stomach a lot of bad news -- we've seen disasters every day and the market has trended higher, ... This is day four, so it's only natural to want to take profits.