Peter Boockvar Quotations

Some company earnings have been good, but we had large retailers in the past couple of days warning about a slowdown in sales. That is enough to get the market a bit concerned with a possible slowdown, ... Add higher interest rates to that mix and what you have is the housing sector and financial stocks suffering.

Noone questions why we were so crazy the first week of January, we're giving back some of the fluff rally.

He gave no sign that the Fed is almost done.

Markets are back to where they were a couple of weeks ago.

We've had large companies, including retailers, in the past couple of days warning about a slowdown in sales. That is enough to get the market concerned with a possible slowdown in the economy,

The problem with GM is that once it goes down, it drags many other companies with it.

We are concluding a mini-bull market - and we are on the cusp of a mini-bear market.

This national manufacturing number will be a key to the market. The economic data that we are going to be seeing now will be a good indicator of what we could be setting ourselves up for the rest of the year.

The decline in oil helped (stocks), as well as the hope that maybe the Fed will be finished raising interest rates.

The decline in oil helped, as well as the hope that maybe the Fed will be finished raising interest rates.

To buy stocks just because it's the end of the year is not a good reason to do it when the fundamentals indicate otherwise. The yield curve is flattening in response to the slowing housing market. The implications can't be ignored. That's why we're trading the way we are.

This weapons thing really turns up the heat.

With good earnings ... there were certainly pockets of strength.

Earlier this week, we came within a whisker of multiyear highs for the S&P 500. But the market still has a lot of headwinds. We're still near the upper end of a trading range.

The results from retailers were good but not extraordinary.

This is before the hurricane and does not influence what the Fed is going to do, and CPI is more relevant to the markets.

The report was taken with a sigh of relief, and since its release we've seen demand for banks and financials increase.

The report was taken with a sigh of relief, and since its release, we've seen demand for banks and financials increase.

The report is the latest sign that consumer confidence has been trending down. It adds to worries in the stock market about consumer spending and about corporate earnings. The question is whether consumers will slow expenditures and, in turn, hurt corporate profits and the economy,

The report is the latest sign that consumer confidence has been trending down, ... It adds to worries in the stock market about consumer spending and about corporate earnings. The question is whether consumers will slow expenditures and, in turn, hurt corporate profits and the economy.

There's disillusionment with the euro, the yen - and the dollar. Gold is a form of currency that's been around for 5,000 years.

A combination of factors ranging from the recent rise in oil prices to concerns over earnings and overall higher rates caused a pullback in stocks.

It may just be some pre-Fed asset allocation or positioning. I haven't seen any news to account for this.

It's basically technical stuff rather than anything fundamental. The market has been showing signs of fatigue here.

It's mostly sitting on your hands waiting to see what the Fed announcement is so we can start talking about something else. We need to see some confirmation that the economy is showing signs of improvement.

The jobs number coming in better certainly was a help.

Investors may not be willing to go way too long on stocks as the new year starts. At the same time, there are so many hedge funds in this market that they may be selling some stocks to cash in gains after November's rally.

He also spoke optimistically about the economy, so the bond market is now pricing in a 100% chance of the Fed funds rate rising to 5%.

The market appeared to have had a case of vertigo. We have had a big rally in recent weeks and it seemed that the theme of buying stocks because its the end of the year has played itself out.

The market is more focused on the bigger trends we have seen of late, and that is concerns about inflation, which could make the Fed raise interest rates next week, and concerns about earnings growth for the third quarter.

The main focus is earnings and where do long-term interest rates go from here.