166 ordspråk av Bryan Piskorowski
Bryan Piskorowski
It was really a story of positive earnings on the tape and no major hiccups on the economic front. You had decent reports from three sectors in general: industrial, tech and health care.
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It's a mildly affirmative day as recovery makes the scene.
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It's a really light week on the data calendar and, ultimately that's going to be the proof in the pudding?how are we going to trade in an information vacuum.
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It's basically a technical dead-cat bounce we're seeing here today. The thing in the market that has been lacking is sustainability and follow through. So we'll keep our eyes on some upcoming economic data. And that's basically going to take today and this week's trade.
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It's been a disastrous week and we're just limping along here -- ultimately we're in a profit recession and the question is how long will that linger, which is frustrating the plight of equities. In the bigger picture you have a market that is clearly unhappy, and that stems from the lack of visibility.
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It's been a pretty quiet week and I think it's going to stay that way.
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It's been a real apathetic market and there hasn't been much in the way of real buying power behind anything. By virtue of the fact that the Fed is still concerned, you've seen the market show its concern.
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It's been all rumor and innuendo for the most part, ... People are trading this. A lot of people have already positioned for what they think will be the next move.... It's nice to see a little bit of livelier action.
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It's been all rumor and innuendo for the most part. People are trading this. A lot of people have already positioned for what they think will be the next move.... It's nice to see a little bit of livelier action.
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It's going to be tough in the next couple of weeks.
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It's going to take us a few months to figure out how much the economy is slowing.
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It's got a bit of a Yankee doodle dandy feel to it today. However, we might have had a rise yesterday (Monday), too, had the plane crash not happened.
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It's really a 'show me' kind of market, ... We're at the point where we have to start culling more economic data and see if we can find some kind of consensus.
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It's really a 'show me' kind of market. We're at the point where we have to start culling more economic data and see if we can find some kind of consensus.
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Looks like the dead cats aren't getting as much of a kick as we were looking for. We're seeing a month of consolidation in a historically challenged month of September.
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