...normal pullback, as an investor, that makes me nervous," said Ed Hyland, a global investment specialist with J.P. Morgan Private Bank.Stocks fell sharply from the opening bell and never mounted a serious comeback. The Dow was down as much...
...make sense of all the news, all the stories, all the data," said Jack Caffrey, an equities strategist at J.P. Morgan Private Bank, adding that much of the data from prior months has been made obsolete by last week's storm. The Dow Jones...
...FedEx packages, you name it. Everyone tries to sell you something," said Fabrice Braunrot, an adviser with J.P. Morgan Private Bank. "Even your local banker, if he's on the ball, will notice a big deposit and give you a call, offering...
...the Federal Reserve will leave interest rates intact for longer," said Jack Caffrey, equities strategist at J.P. Morgan Private Bank. "People are more inclined to seize on that theory than on the lack of jobs in the economy." Dow component...
...they continue to describe an improving economy," said Jack Caffrey, vice president and equity strategist at J.P. Morgan Private Bank. "In the intermediate and longer term, this is constructive for equity markets, but short term, I think...
...But restaurant shares staged a bit of a recovery. Jack Caffrey, vice president and an equity strategist for J.P. Morgan Private Bank, said investors were making a distinction between processors, which may face higher testing and distribution...
...results. Earnings are reflected in many companies' share prices, said Jack Caffrey, equities strategist at J.P. Morgan Private Bank. "Unless they're going to tell a very compelling story or show dramatic improvements, investors are more...
...point in March, and you have a lot of good news built in," said Chris Wolfe, equity market strategist for J.P. Morgan Private Bank. "A lot now hinges on how the third-quarter earnings season shapes up."
...some profit taking. ... It is not necessarily a cheap sector," said Jack Caffrey, equities strategist at J.P. Morgan Private Bank. Indeed, the Nasdaq has had the biggest surge from the market's March 11 lows, rising 33.6 percent...
...impressive with the first quarter was the extent of the beat," said Jack Caffrey, equities strategist at J.P. Morgan Private Bank. But he added, "the market is not cheap. ... I don't think you have people expecting a lot from the...