Bryan Piskorowski
Bryan Piskorowski
lack late low move seen short volume
We've seen late day short rallies on low volume that are exaggerated by lack of supply. The move has been overrated,
fairly healthy profit run taking week
I think a week of profit taking is fairly healthy after the kind of run we've seen.
digestive finger hoping market
This is more a digestive phase. You have a market that's grasping and hoping to try and put a finger on the bottom.
bits bush close effect election fact george nuances
I think the fact that the election is so close is having an effect on the Dow. It's (the race) so close here that little bits of nuances like a 24-year-old story on George W. Bush is having an effect on stocks.
downside last lead market question three unable
That kind of capitulatory downside will lead to bounces, but the question is sustainability and follow-through. That's something the market has been unable to demonstrate any credibility in doing so over the last three months.
continue economy fed good hoping news signs slowing syndrome
We're hoping for the 'bad news is good news' syndrome -- that we will continue to see signs of a slowing economy and that will make the Fed more accommodating.
bounce gains last profit seeing surprised
We're seeing some weakness, which is not surprising. We've had pretty sizable gains in the last two days, so you're seeing a little rotating out of sectors and some profit taking. However, I wouldn't be surprised if we see a little bounce after we get through the morning.