166 ordspråk av Bryan Piskorowski

Bryan Piskorowski

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The stock market is still hung over after Greenspan's speech yesterday,

Tech stocks brought us up from our Oct. 8 lows and have continued to lead the market higher, ... When they go down it's going to drag the rest of the market with it.

Corning provides a little strength to a very beleaguered sector, but the Street has not been expecting much out of the telecoms,

We're testing the bulls' resolve with all these economic data each day, ... Chicago PMI, due out tomorrow, is a May number, which is important.

The big picture here is that we're pretty quiet, ... We are in the seasonally strongest month of the year, so that supports us, but the fact that everyone's so bullish is a bit worrisome.

The key thing would be to see if the concept of 'measured' is removed from the Fed's psyche,

The big picture is that we have a market that did very well for the first part of the month, with the techs in particular recovering from summer declines, ... But now we've trailed off from that a bit, and you're seeing some window dressing into the quarter end.

GE, UTX and IP help the Dow [in the] short term, but these companies aren't raising estimates, ... They're not saying that the fourth quarter is going to show growth.

But it's going to be a quiet week. A lot of people are on vacation, there's little in corporate reporting or econ data, Congress is still in recess. We lack drama right now, which means we're going to be left to our own devices, which could be good or bad.

GE, UTX and IP help the Dow [in the] short term, but these companies aren't raising estimates. They're not saying that the fourth quarter is going to show growth.

The big picture is that we have a market that did very well for the first part of the month, with the techs in particular recovering from summer declines. But now we've trailed off from that a bit, and you're seeing some window dressing into the quarter end.

The big picture here is that we're pretty quiet. We are in the seasonally strongest month of the year, so that supports us, but the fact that everyone's so bullish is a bit worrisome.

We're testing the bulls' resolve with all these economic data each day. Chicago PMI, due out tomorrow, is a May number, which is important.

Corning provides a little strength to a very beleaguered sector, but the Street has not been expecting much out of the telecoms.

Tech stocks brought us up from our Oct. 8 lows and have continued to lead the market higher. When they go down it's going to drag the rest of the market with it.

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