Brian Finnerty
Brian Finnerty
ahead due nice stocks
Stocks were due to give back a little bit. We've had nice rallies ahead of these earnings.
anyone hurt market report weaker
The 'beige book' really hurt the market today. I think this report is much weaker than anyone thought.
certainly financial fit helping sector seems stock sure
It certainly seems like it would fit them (Citigroup) like a glove. The whole financial sector is in this consolidation mode, but, boy, it is sure helping the stock prices.
concerned inaccurate novel
The novel portrays Opus Dei in a completely inaccurate way; if the movie does the same thing it's something we'd be concerned about.
computer disaster positives seeing tells
They have positives in their business. It tells us we're not seeing a disaster in the computer market.
april august economic employment focus middle might move numbers rally
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.
action companies earnings few market monkey next reporting season throw volatile watch
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.
case equity interest market rates waiting
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.
days exchange given lack last move percent six stock trading week
The Philadelphia Stock Exchange Semiconductor Index last week had a 20 percent move in six trading days and now we've given back over 50 percent so it's really volatile. This lack of liquidity in the marketplace exacerbates these moves.
buyers came sidelines sober today
We came in today a lot more sober with buyers at the sidelines for the most part.
basis believe bullish cuts economy greenspan leads means needs point rather saying sooner stimuli tax thinks
What Greenspan had to say is very bullish -- he's saying let's have tax cuts sooner rather than later. If he's saying that, it leads me to believe he's going to give us a 50 basis point cut (half-percentage point). That means he thinks this economy needs all the stimuli it can get.
believed decent economic move news
We had some decent economic news, but no one believed in the move up. There just isn't a sense that things have turned.
buying heard internet late looks market saw sector walked
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.
biggest mania seen
This, to me, has been the biggest quote-unquote mania that I've ever seen in my 27 years.