Brett Gallagher
Brett Gallagher
market
I think the market is just biding its time, and we're going to have these back-and-forth days.
bad december guess meet news reckoning send sometime
I don't think there's going to be enough bad news in December to send us lower. My guess is we go up through the end of December and we meet our day of reckoning sometime in the new year.
died fish market
I had fish for a while, and after they died the market didn't do so well.
company list
If your company comes up on the list of those that haven't signed, ... there's going to be a lot of questioning.
decide investors last morning previous rally reaction whether
Investors had to decide this (Monday) morning whether last week's rally was real or just a knee-jerk reaction to the previous week's losses.
investors run step
After a big up day like you had yesterday, you have to have some digestion. Once things run up by a big amount, then investors have to step back.
adds certainty
I don't think it adds any certainty to investors' uncertainty about the future.
add demand energy opportunity view
Demand will keep energy tight. Any pullback I view as an opportunity to add to positions.
appearance companies earnings easier far less looked positive profit
One positive is that S&P earnings so far have looked better than the year-earlier period. Granted, comparisons are a lot easier as companies take less write-offs, but it's still something that's encouraging. I don't think we're going to have a big profit recovery, but we'll have the appearance of improvement.
save stand worse
I can't stand the dollar. There's nothing that's going to save it and it's going to get worse .
liked markets obviously
The markets obviously liked it. For a day.
honest main measure problem
GAAP is the most honest measure of earnings, ... but the main problem with it is the cyclicality of it.
earnings majority market misses violently week
The majority of earnings have been good, but there have been some misses and the market has reacted violently to them. This is a week that has put me on alert.
analysis catching companies fallen higher looking market quality seems whose
It seems to me that this is a market where fundamental analysis has fallen flat. If you're looking for higher quality companies whose fundamentals are on the mend, you're not catching this market.