Brian Finnerty
Brian Finnerty
drifting light lower negative recent today
There aren't really any standout negative catalysts today. The market's just kind of drifting lower today on pretty light volume. We're also probably still a little oversold from the recent run.
almost depends fed hikes market rates rise says series slammed
I almost thought that a quarter-point rise in rates was priced into the market. But I think it depends on how the Fed says it or what they do because if it's the first in a series of hikes the market is going to get slammed hard.
critical ibm reason worst
I really think the worst is over. And IBM is the critical reason.
computer disaster positives seeing tells
They have positives in their business. It tells us we're not seeing a disaster in the computer market.
week
This is a very important week in the market. It's all about earnings, earnings, earnings.
buyers catch drops falling strike
The drops are exaggerated because there is a buyers strike and there is no one to catch that falling knife.
april august economic employment focus middle might move numbers rally
The focus will be more ... on the economic numbers and the employment figures. I think we'll get an August rally that might be better ... than the head-fake move we had from April to the middle of May.
across board causing money power seeing stock stories strong wants work
The market's really got some power to it. It's strong across the board and there really aren't any big stock stories causing it. There's a lot of money out there that wants to be put to work and you're seeing that today. I think it's very healthy.
acting attack last news saw week
The market's actually acting very well, considering the run-up we saw last week and the attack news over the weekend.
believe economic good market poised range run trading
The market has been in this trading range for a while. The market is now digesting all of this economic news. I believe we're poised for another good run in the market.
case equity interest market rates waiting
The market is really waiting for (Friday's) numbers. It's going to be a case of as interest rates go, so go equity markets.
broken buying coming finally fund individual investor looking market maybe mentality money mutual seeing start
The market is looking better. The mentality is good. They're buying on the dips. Maybe we've finally broken out of the downtrend. It's not just the hedge funds. You're seeing mutual fund money coming in. You're seeing the individual investor start to come back in.