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.
More Quotes from Bryan Piskorowski:
We've got some decent data points to work through over the rest of the week. The new home sales, initial jobless claims are particularly important and Friday we have Michigan sentiment. But it's been the case of late that if the news is good, nothing happens and if the news is bad, we sell, so we'll have to see how these reports play out.Bryan Piskorowski
And that's why we're going to stick close to the earnings tree, closer to the large cap names.
Bryan Piskorowski
With Hewlett-Packard, another one bites the dust and technology is bearing the brunt of a buyers' strike, ... We're mired in a period of uncertainty here and clearly the vote right now is 'Cash is king.'
Bryan Piskorowski
Remember, we're about two weeks ahead of earnings pre-announcement season. So, that's going to be our next major hurdle here with the market. But looking at the data, you have to say that the Fed have been vigilant and have been bringing us in for a soft landing. And I think that, while you do have some casualties there obviously, the retailers have had a really rough week here this week.
Bryan Piskorowski
We don't need a cause and effect here. We have bear psychology gripping the market so there's general apathy toward taking positions -- rallies are viewed as short-lived and trader-oriented.
Bryan Piskorowski
On the other side, in the box makers, we like Gateway. We think that we're through with the seasonally slow period. The fourth quarter is going to be the key for this stock and it has good positioning here.
Bryan Piskorowski
Readers Who Like This Quotation Also Like:
Based on Topics: Actions Quotes, People QuotesBased on Keywords: innuendo, livelier
As I have tried to show, science, in producing the airplane and the wireless, has created a new international political environment to which governments must adjust their foreign policies.
John Boyd Orr
You might expect that the American College of Obstetricians and Gynecologists would be there and they are.
C. Everett Koop
Every time I go out and race it's a goal to go out and run faster than I've done before.
Paula Radcliffe