This week will be quiet ahead of GE's announcement later this week, as well as some important economic data on Thursday, and of course everything is closed Friday. I think investors will play it very cautious for this week,
More Quotes from John Kinsey:
I think really the jury is still out and we have to wait two, three, or four more days to see have we put in a bottom or are these just normal rallies in a terribly oversold bear market,John Kinsey
There's no leadership whatsoever to this market, ... Unless something spectacular comes out of the quarterly earnings, it could be a very quiet summer.
John Kinsey
These things are just small, tuck-in acquisitions. The banks are still waiting for the approval to merge. That will be the icing on the cake for them.
John Kinsey
There is a very bad tone to this market. There is no leadership. There's obviously a lot of bad news out there and a lot of disillusioned investors.
John Kinsey
It's going to be volatile as long as we have so much hanging in commodities.
John Kinsey
There's more demand than supply for all the metals. We think that cycle may be getting extended. Banks' earnings momentum is slowing as interest rates rise and loan-loss provisions increase.
John Kinsey
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