Quotes by Joseph Battipaglia

“I think the good news is that the current quarter is OK, and the challenge is going to be what comes next,”

“Its a good start to the quarter, ... Were at the lower end of the recent trading range, so theres probably more room to gain.”

“If Chinas economy does simmer down, it will have an adverse impact on the materials sector, and on commodities, including oil,”

“We continue to be in this trading range, at the lower end right now, ... The only catalysts that can get us out of here in the next few weeks is some relief at the pump, lower oil prices and news about how much the Fed is going to raise rates.”

“I think theres a real lack of commitment in the market right now from both institutional and individual investors,”

“This earnings season, instead of getting a ripple effect on positive news, youre seeing that particular companys stock react, but very little spillover, like with IBM today. The negative news has tended to spill over to the rest of that sector, and in some cases, the broader market.”

“Id say were doing very well, all things considered, ... Clearly, there is more money available out there, when even sectors that are fairly stretched, like tech and banks, are doing well today.”

“I dont think theres a huge upside in the major indexes after the run weve seen. But there are still good opportunities out there and through the first quarter, it just wont be quite as easy as a year ago.”

“Weve had a 7.5 percent correction in the Nasdaq and something more modest in the Dow and S&P 500 over the last six weeks, so youve got a little bounce right now,”

“Between very high short-interest looking to cover, fairly good economic news, signs the Fed is staying put and better earnings on the way, people are very eager to get in right now, ... I think that barring a terrorist attack or some very disappointing earnings, the market looks like its going to continue to gain through the next few weeks.”