John Hughs News Quotations

Maybe there will be some anticipation that this might be the last bit of bad news that is going to come out, and we can look forward from here.

Going forward you're not going to see anything too dramatic, barring any major news event.

I think over the last week or so, a lot of the negative news that has been bothering the market for some time has been priced in, ... So when you have a day like today, when you get a drop in the price of oil, some people are willing to get back in.

The news is all positive, but it was what the market had built in, ... There was nothing spectacular about the numbers. The market is still in a correction phase, and it will continue for the next four or five weeks -- at least through Labor Day.

So much of this economic news has been anticipated that you're not going to get much reaction either way, to better than expected news, or to something that misses estimates,