David Briggs
David Briggs
David Briggswas an American record producer best known for his work with Neil Young and his band Crazy Horse. He is noted for his eclectic imagination and style, which contributed to the Neil Young album After the Gold Rush...
ProfessionMusic Producer
Date of Birth29 February 1944
absence ahead basically market money people putting reluctant seems work
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.
rally recent
This recent rally may have legs, but we're still on a downtrend.
bit early fades lasts late november question seem september whether
We seem to have a hiccup every late September or October, and that's set us up for a bit of a rally, ... The question is whether it fades in early November or lasts through the holidays.
felt good healthy particular recent run today
Today was a good healthy profit-taking day. There were no particular leaders, and it was a pretty broad-based sell-off, which felt good after the recent run that we've had.
holiday light people today
Today was a holiday for some people and that's why we had light volume,
drift four months time tough woods
We'll probably drift through February, a typically tough time for the market. We had four months up and one month down, so we're not out of the woods yet.
gain looking percent
We were looking for a little pullback because you don't often see a 9 percent gain over two weeks.
avoidance major maybe medical move technology toward
We'll see an avoidance of major pharma, maybe with a move toward medical technology and biotech.
fast gain hang market onto
We had a big gain on the first day of the quarter, but that was too much too fast and the market hasn't been able to hang onto it.
bargain bit created investors sell stepping taking
Yesterday's sell off created a little bit of a bargain today, and investors are stepping it up and taking advantage.
deals gamble
Today's deals don't have the same oomph as (the Procter & Gamble -- Gillette deal Friday); and that's because the premiums are more modest,
earnings higher interest looking margins starting
With higher interest rates, fundamentals are starting to erode. We're looking for margins and earnings to be constrained going forward.
average celebrity exists market mix poker
Where that integration exists is where the poker market is going -- the mix of celebrity and average Joes.
economic figures last looks markets moving narrow oil percent push reason three waiting
We're in a narrow range, moving around about 1 percent over the last three days, and it looks like the markets are waiting for some economic figures or waiting on oil because there's really no reason to push anything now.