Brian Finnerty Quotes (42 Quotes)


    This, to me, has been the biggest quote-unquote mania that I've ever seen in my 27 years.

    The market is clearly oversold, which could mean a bounce, but with this kind of volatility, it could also get more oversold. It's very much a wait-and-see situation.

    Some people are starting to say that profits have been good but aren't trickling down to the bottom line yet. But I think this perception will be a short-lived phenomenon. You're going to start seeing more companies whose profits are showing real growth.

    I almost thought that a quarter-point rise in rates was priced into the market. But I think it depends on how the Fed says it or what they do because if it's the first in a series of hikes the market is going to get slammed hard.

    After the announcement yesterday, the tech stocks were the stars, and they were really rocking today.


    The focus will be more ... on the economic numbers and the employment figures. I think we'll get an August rally that might be better ... than the head-fake move we had from April to the middle of May.

    The market's actually acting very well, considering the run-up we saw last week and the attack news over the weekend.

    There were a couple days this week where I thought there was some real panic among investors.

    I think people assume Merrill wouldn't say something like that unless they expect pretty good news from Intel when it reports tomorrow after the bell. Intel is the technology bellwether, so if things look good for them, that bodes well for other techs.

    The market is really waiting for (Friday's) numbers. It's going to be a case of as interest rates go, so go equity markets.

    I think it's all Iraq. Chief U. N. weapons inspector Hans Blix is giving his report Monday, Bush is giving his State of the Union address Tuesday and I've got every customer telling me that they don't want to be long ahead of that.

    There's no enthusiasm out there. A lot of people are waiting for the Federal Open Market Committee to meet. There's no big trend here.

    I think we had normal consolidation here. It seems like people are banking on a better second half. I don't think it's going to run away, but it's going to get gradually better.

    You have to have a sense of humor. Countering a novel and a movie is a little bit like fighting against smoke. If you swing at it with boxing gloves, you wind up looking a little silly.

    The 'beige book' really hurt the market today. I think this report is much weaker than anyone thought.

    Earnings season is always volatile and we're just going to have to watch it. What companies say can throw a monkey wrench into market action or be a catalyst, and we have a lot of big companies reporting in the next few days.

    It looks like this afternoon we're back to focusing on interest rates. The employment cost index is one thing that (Fed Chairman Alan) Greenspan watches.

    We had some decent economic news, but no one believed in the move up. There just isn't a sense that things have turned.

    They have positives in their business. It tells us we're not seeing a disaster in the computer market.

    I would still call it a trading-range market. It's nice for today and the short term, but I doubt it's sustainable.

    The retail numbers were really weak and the markets responded. This is the kind of market where any glitch, any chink in the armor can set us off.

    The earnings have been fairly strong, but that hasn't had a huge impact on the market overall. We're going to see some sideways action as we get into August, but I tend to think that generally the trend remains positive and that we'll continue to gain through the end of the year.

    Cisco is a proxy for the rest of tech. They touch every level of technology in their business.

    It's all the ISM number. We started the morning where it seemed like no one was gonna invest, and then all of a sudden, the number comes out and the buyers are back. It's kind of a big surprise.

    There aren't really any standout negative catalysts today. The market's just kind of drifting lower today on pretty light volume. We're also probably still a little oversold from the recent run.

    We got a little bit overextended, a little bit overbought. A lot of buying came into the market in this last rally. We're due to get a little bit of pullback. ...The individual investor is still not convinced he should be in the market, and he's not. I think we're going to be range-bound for a while here.

    Everyone is talking about Cisco getting rid of its inventory problem a little bit faster than people had thought. But the whole Nasdaq is looking better.

    The movie is like a big wave that is going to hit the beach whether we like it or not. ... We're going to try to ride the wave. By riding the wave, I mean using every opportunity we can to tell the world about the reality of Opus Dei and the reality of the Catholic Church.

    We came in today a lot more sober with buyers at the sidelines for the most part.

    The market has been in this trading range for a while. The market is now digesting all of this economic news. I believe we're poised for another good run in the market.

    We've got a very low interest rate environment. The Fed told us that last week and we all heaved a sigh. We had very strong corporate earnings for the first quarter. That seems to be continuing. We just have a wonderful environment here for investing.

    Strong corporate earnings and low interest rates. Everybody wants to own these (technology) stocks because the earnings growth is so strong.

    When they announced it was going into the SP, it ran up dramatically and held up. I think it's normal to get a little profit taking, even though the number was good.

    The market's really got some power to it. It's strong across the board and there really aren't any big stock stories causing it. There's a lot of money out there that wants to be put to work and you're seeing that today. I think it's very healthy.

    Yesterday, late in the day, we saw big buying in the Internet sector and we heard there were some big institutions in the market buying. It looks like they walked away today.

    This market is shrugging off negative news like it never has before.

    The market is looking better. The mentality is good. They're buying on the dips. Maybe we've finally broken out of the downtrend. It's not just the hedge funds. You're seeing mutual fund money coming in. You're seeing the individual investor start to come back in.

    When we were down this morning, I was worried about some bargain hunting and window dressing coming in but it certainly did.

    I think the market is going to rally right around election time because of a very oversold condition. We have a market that is way oversold so I think it is going to bounce.

    Stocks were due to give back a little bit. We've had nice rallies ahead of these earnings.

    A year ago, we were so optimistic, and then that turned into greed, quite honestly. And everybody wanted to make more money and more money. And we just kept on -- stocks kept going up. So, you could just buy anything and it was going up, and everybody got in the game, and it got way overdone.

    It's very sad that Opus Dei and the Catholic Church were portrayed unfairly in the novel. What we're trying to do is take advantage of the interest to explain what the real Opus Dei is all about.


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