Quotes by Ross Margolies

“The sales are reasonably good. I think the most important thing is that inventories are in shape. So, the outlook for the coming year seems to be pretty positive.”

“Theyll be able to offer some very attractive merchandise to the customers.”

“I think we have a lot more (warnings) to come in the coming weeks.”

“It was pretty ugly [last week]. Weve got a lot of earnings to get through in the next week. Im hoping there will be an absence of bad news and maybe that can help us.”

“I think people are very scared. Yesterday, you had a kind of panic buying where people were afraid to be out of the market.”

“I expect the market to constantly get knocked on the head, and eventually its going to sink in.”

“The consumer is making a lot of money, employment is high, wages are starting to go up. People have money in their pockets.”

“My feeling is its going to be hard to stay up here.”

“Theres a lot of momentum and unless something changes it, like another rate hike, wed expect it to continue. We dont feel super bullish about the market, though ... One thing that were not doing is chasing the super big-cap names just because theyve going up.”