We are in a bit of a news vacuum as we wait for the deluge of corporate earnings reports.
More Quotes from Bryan Piskorowski:
One thing that we're still concerned over is the slowing earnings growth on a year-over-year basis. Likewise, we're still concerned about slowing economic growth.Bryan Piskorowski
We're hoping for the 'bad news is good news' syndrome -- that we will continue to see signs of a slowing economy and that will make the Fed more accommodating.
Bryan Piskorowski
We're pinned in by interest-rate uncertainty, we're pinned in by the Fed meeting coming up at the end of June. With those two things hanging over our head, the bottom line is the market really hasn't been taking a position on either side of the coin.
Bryan Piskorowski
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.
Bryan Piskorowski
I don't think anything has changed. The bigger picture is that the cloud covering from Iraq is not only holding back Wall Street, but Main Street.
Bryan Piskorowski
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Based on Topics: Corporation Quotes, Media & News QuotesBased on Keywords: deluge
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