25 Total Quotes

Bill Meehan Quotes

As a sector, technology will provide earnings growth irrespective of the economy slowing to a point that would impact other companies that are sensitive to the economy one way or the other.
Bill Meehan
#Economy

There was a lot of disappointment about revenue. It's especially true for technology stocks - if you don't have revenue growth, people start to question (value), and 10 percent doesn't cut it.
Bill Meehan
#Disappointment

I think it was likely to falter because of the amount of people who bought in anticipation of the approval.
Bill Meehan
#Anticipation

Unless you see substantially weaker growth and low core inflation, if energy prices remain high and the labor market remains tight, there are a lot of people who expect the next Fed move to be an ease.
Bill Meehan
#Energy

I think (investors) are going to be looking at how the market has performed and what the sector rankings are. I think that some of the recent gains that have come to a bit of a stall are probably a function of...the notion that once people come back from Labor Day, we should have a pretty good rally so they just wanted to get positioned ahead of that.
Bill Meehan
#Investors

There are still too many people that have let greed remain in control and have yet to succumb to fear. There are too many people calling bottoms all over the place. People are too worried about missing the v-shaped recovery than they are about losing money and losing it they have been.
Bill Meehan
#Control

The problem there was that they said the next quarter was going to be impacted by changing accounting procedures and their guidance going forward was not particularly upbeat.
Bill Meehan
#Accounting

It seemed to me that Wall Street analysts fired all their cannons this morning in defense of technology and look at the result. Some of these stocks will get bailed out if they significantly beat expectations over the coming weeks but I also suspect there may be some further warnings announced. We're at significant risk of companies guiding analysts lower in terms of the fourth quarter and next year.
Bill Meehan
#Defense

Everyone expected the unemployment rate to slip to 4 percent. It appears the Fed is a lot more afraid of the market than the market is afraid of the Fed.
Bill Meehan
#Unemployment

I think we're in a full-blown mania, especially in the technology sector.
Bill Meehan
#Technology

I think small investors should probably wait until valuations are more reasonable in the technology stocks.
Bill Meehan
#Technology

I think you'll find buyers coming in, with a focus on the tech stocks that everyone knows and loves.
Bill Meehan
#Focus

It's just a minor piece of the puzzle, but it does show the continued strength of imports - an excessive demand is a problem for the Fed.
Bill Meehan
#Strength

I think it's just people doing some positioning ahead of the end of the quarter and taking advantage of the pullback.
Bill Meehan
#People

We got a double dose of good news. The Yahoo! revenues and earnings were better than expected, helping to pump some life into the dreary internet group and we continue to get a trickling of second-quarter earnings.
Bill Meehan
#News

People are doing a little rotating into some groups that have been lagging a bit. The analysts have been out flogging their favorite Internet stocks in the past couple of days.
Bill Meehan
#People

We're just keeping some pressure on the more cyclical stocks which is adding to upside on the technology front. I suspect the recent beatings which have been somewhat controversial, in the sense that analysts are tugging in different directions, led some folks to decide to step into the fray. But it's just a lot of rotation.
Bill Meehan
#Technology

DuPont is the first of the Dow components to warn that things are not that enticing and, indeed, energy prices do mean something.
Bill Meehan
#Energy

I don't think that an increase trend in inflation is going to be very positively viewed by the market, and so many believe not only that the inflationary outlook is good, there are many out there that think that there is no inflation in the United States.
Bill Meehan
#Inflation

There are a lot of conferences scheduled and there we'll get some (indicators) within the technology group.
Bill Meehan
#Technology

I think there was a lot of optimism built into the market that a soft landing is coming and the Fed will be easing. The decline in the unemployment rate cast doubt on that scenario happening. The Fed continues to be concerned about the potential for inflation if labor markets remain very tight.
Bill Meehan
#Optimism

We no longer and we haven't had a declining rate of inflation. Why anybody would think the Fed would be considering easing now is hard to believe.
Bill Meehan
#Inflation

People that are overexposed in tech should rethink the thesis that many seem to hold that since stocks are down (significantly), they are going to shoot to the sky. Last year was an anomaly.
Bill Meehan
#People

We got a little bit of a pop from the Supreme Court ruling. I think some of the strength we've seen was discounting a Bush presidency. Obviously the uncertainty was not what was hurting the Nasdaq -- earnings would be impacted by a slowing economy.
Bill Meehan
#Strength

A lot of people have turned much more optimistic that once the blue chips get hit, that indicates the bear market is dead. Valuations are down, but they're still not cheap.
Bill Meehan
#People