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Letter "B" » Bryan Piskorowski Quotes
«Selling on the news has been the mantra for second-quarter earnings season. What's more has been the bull's inability to piece together any kind of winning streak, ... With sustainability in question and anxiety abounding about tomorrow's (Thursday's) Employment Cost Index and Friday's second quarter GDP, few players are willing to step up to the plate today.»
«Some weaker-than-expected economic data is supporting the plight of equities (Thursday), ... With six rate hikes from the Fed now under our belt, we are beginning to see signs of an economic slowdown, suggesting that there could be light at the end of the proverbial tunnel.»
«We still believe that technology is the story, ... and we remain bullish.»
«Clearly, with GDP cruising at 5.6 percent, our economy is definitely????????? steaming along, and that's got the Fed worried, ... And the question is, going?????????????????? forward: What do we see at the June meeting? Do we see another 50 basis points?»
«The stock market is still hung over after Greenspan's speech yesterday,»
«Tech stocks brought us up from our Oct. 8 lows and have continued to lead the market higher, ... When they go down it's going to drag the rest of the market with it.»
«Corning provides a little strength to a very beleaguered sector, but the Street has not been expecting much out of the telecoms,»
«We're testing the bulls' resolve with all these economic data each day, ... Chicago PMI, due out tomorrow, is a May number, which is important.»
«The big picture here is that we're pretty quiet, ... We are in the seasonally strongest month of the year, so that supports us, but the fact that everyone's so bullish is a bit worrisome.»
«The key thing would be to see if the concept of 'measured' is removed from the Fed's psyche,»