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Letter "D" » David Briggs Quotes
«We're heading into the typically slower summer months, and it's slow already. It's hard to imagine a sustained rally taking hold.»
«If the inflation reading comes in high it could really torpedo the markets. The markets were really bracing for that figure today, going a little higher with the idea that they could really fall tomorrow.»
«The S&P lost 50 points last week and today we gained back four. This is not great.»
«Early next week you've got a trade deficit number and retail sales, and those reports could be volatile.»
«The market will probably drift to the upside as we close out the year but there doesn't seem to be any conviction to it.»
«I think last year was a good year for stocks, I think this year was extremely difficult until recently.»
«I think the conclusion of the convention brought a big sigh of relief. Rhetoric wasn't as bad as it could have been, and there was no terrorist attack, when the FBI and others had warned that was a possibility.»
«I think people are just frustrated right now. Everybody feels that given the fundamentals, we should be rallying, but no one is pressing the buy sign.»
«I get the impression that every pullback this year has been met with new buyers coming in. There's still plenty of money out there that people are willing to put back into stocks.»
«There basically is an absence of sellers in the market. It seems the market is a little ahead of itself, but people are reluctant to sell. People are still putting money to work here in the market.»