26 Quotes by Brian Williamson
- Author Brian Williamson
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We're still right back where we were this morning.
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- Author Brian Williamson
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Obviously, with the Nasdaq leading losses, Texas Instruments' problems are bleeding through to the rest of the tape. It was just enough negativity to push us over the edge and fuel some of this profit-taking we're seeig here.
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There is a human toll and an economic toll and the Street is currently weighing both of them.
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He's been working good. It seems like every time he works there's some horse that's in front of him or tries to pass him. It's made him work faster, but he's been beating them.
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I think the market bounced off of Oracle's turnaround, which triggered some institutional buying. We had some momentum buying that lifted tech, but the rest of the market kind of faded off.
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Last week we saw earnings pre-announcements and a higher-than-expected producer price index move stocks. Next week, we expect more earnings surprises and the CPI to provide the volatility.
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Our partnership with Nasdaq... enables us to build on the momentum we've already achieved,
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Looking back, the S&P 500 is at four-and-a-half-year highs, so it seems the market had no problems with earnings last quarter.
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The push-up (in oil) was enough to scare some people with geopolitical unrest overseas, but it's a long day. Sixty-two dollars a barrel is probably the level where you start to see some effects on equities.
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