Art Hogan CNBC Hogan Bottom 2/6/09

Art Hogan - managing director at Jefferies came on CNBC this morning and gave an update on where he stands on the stock market. Art Hogan is famous for a CNBC term, Hogan Bottom.

Art Hogan Comments - February 6, 2009

Things are looking positive

- Market digesting bad news, good sign
- Looking at stimulus plan as being constructive
- You are seeing risk is moving higher, people are buying apparel retailers, people coming out of stocks like Wal Mart ( WMT ) and the 10 year treasury and taking on some risk.

Sectors to Avoid

Residential Real Estate and Auto Sector

What is the Hogan Bottom?
Art Hogan November 2008

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