27 Quotes by Jon Brorson
- Author Jon Brorson
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Our forecast was for earnings to come in around 13 percent year-over-year growth, and they're on track to do it. They are surprisingly better than expected, and outlooks have been good, generally speaking.
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- Author Jon Brorson
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I would hope that the market will try to rally here, and bounce off these key support levels. If it doesn't bounce real quick in this area, we could have some real problems.
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We've had quite a run over the last three weeks, and I think the equity market is going to have a little bit of profit-taking, especially in light of a no-news day.
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- Author Jon Brorson
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We've never seen a recession without the yield curve inverting, but the corollary is not true: Just because the yield curve inverts does not mean we're going to have a recession.
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We got a lot of earnings and so far so good. The trend is going to be up, frankly, because the economy is chugging along, even with $74 dollar oil, amazingly.
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- Author Jon Brorson
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We might start the day with some gains in stocks on the back of the good reports that came this morning. But with concerns over oil, and inflation down the road, investors may take the opportunity to take some profits.
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- Author Jon Brorson
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Energy's acting well even with the price of crude down thanks to the Exxon upgrade. That's why we're falling more on the positive side.
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- Author Jon Brorson
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Energy has been pretty darn strong even with the price of crude down. In fact, the only real negative sector is consumer discretionary, because of the horrendous consumer sentiment numbers.
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- Author Jon Brorson
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They managed to rally after being down most of Friday, so I think some of that momentum will continue today. Crude is off a little bit, bonds are up, so I think it's setting the stage for a pretty good day today on the back of a pretty good week last week.
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