Charles Payne Quotations

Rosa Parks didn't just happen to stumble into a great historical moment. In fact, she had a long history as an activist. This was all unusual stuff for black folks in the South at the time.

Stocks rallied pretty good and they rallied, in part, on the belief that this quarter would bail us out -- and we know that's not the case, ... But this market still wants to trade higher -- even though investors have gotten ahead of themselves, they're still buyers if given the right catalyst.

Obviously we're getting to the point where everyone would have to agree that, on a short-term basis, the market is overdone on the downside.

I like the resolve of the stock. I like the fact that it looks like all the negativity might be built into semiconductors, ... I would add the caveat that it's high risk, but this is a stock that can deliver pretty big returns.

if someone were to call the stock from you, you wouldn't have to go out and buy it -- you could just deliver the stock. The great thing is it's a contract so you know what the price is going to be and there's not a lot of guessing there.

Visibility is important, even if the visibility is poor, because it shows you have a handle on the business. The ability to give guidance is certainly something of a comfort.

To me, if we get the right signal on Friday, we'll see some of that buying go into fallen angels.

It's hard to figure out whether the Street wants bad news, which means additional rate cuts, or whether the Street wants good news, which means corporate earnings will rebound sooner rather than later. We're in a really interesting space between both of those.

In terms of just numbers, the Dow at 10,000 would spur a huge outcry for immediate help for the Fed. Same for the Nasdaq below 2,000.

I think it could have been a lot worse (at the open). But I think it's important that the Dow stays above 9,600 or we could see another wave of selling.