“There's a little bit more weakness in the Nasdaq and in the tech sector than we expected -- it may just be that the sheer number of buyers aren't there. But the retailers are up and there's a little positive action in the manufacturers, which could be a defensive play on the part of investors.”
“I think stocks really are near their lows at this point and I think investors are bargain-oriented right now. They believe in some sort of comeback by the end of this year so if you believe in that, you have to like stocks at these prices.”
“I think there was a lot of pressure on banking stocks because of what will happen with the Fed. My sense is that there is a little more optimism and there's more of a chance we could get some mid-term intervention from the Fed.”
