12 Quotes by Peter Brodie
- Author Peter Brodie
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Until we move out of this transition period, and get some clarity on these issues, the market is going to remain very volatile.
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- Author Peter Brodie
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I think we've gone through this consolidation phase over most of the first part of the year, after last year's gains. I think it's natural to see that, but it's been difficult for investors.
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There are many reasons to be optimistic -- corporate earnings have been strong, with more than 70 percent of companies in the first quarter exceeding estimates. The employment picture seems to be improving,
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The tone is positive, and I think that will continue for the next few days.
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The strength of the GDP report, the better-than-expected fourth-quarter earnings, are all reinforcing the idea that the economy and corporate profits are showing strong growth, and you are seeing stocks respond,
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- Author Peter Brodie
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August through October, you historically have weakness. Even with a number of supportive factors in place right now, it's likely that these seasonal factors will kick in.
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I doubt the advance is done for the year. There are a lot of seasonal characteristics that are in play and there is still a lot of liquidity.
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The market had gotten oversold and so you've got this tech rally at the end of the week.
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There is a negative proof of the value of Latin: No one seems to boast of not knowing it.
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