“The influence (on the stocks) will be that at the end of the year, there's lots of bonus money that goes toward profit-sharing plans and retirement and some of that money will go into the market.”
“Stocks have been losing steam as a result of higher rates and higher energy prices. We could see a continued correction in prices from now until the next earnings season.”
“I think it's a little frightening the reaction people are having. It reminds you a little of 2000 when we had (earnings) surprises on the downside. It's a nervous market.”
