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Letter "B" » Brian Williamson Quotes


«Crude below $60 is helping a little bit. There's some speculation that there's a potential build-up in crude inventories, so that might be a factor leading into the rally in the Nasdaq and S&P.»
«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.»
«I'll remember just all the people that are so displaced.»
«There were not a lot of people trading today for the economic numbers to really make a difference. Institutional flows are really light.»
«You're seeing some selling now, some consolidation maybe, but I'd be cautious of that. The market's been very resilient. Investors have been very quick to buy if they get a little good news.»
«The Fed is a huge focus right now, if not most of the focus of what's going on in the market (in terms of) inflation, rates, whether the economy is going up or down.»
«The situation has not improved. With several major overseas markets down and continued attacks on Nigerian oil fields, this market has a negative backdrop.»
«Volume should be very light next week, with a lot of portfolio managers and traders out on vacation. But less liquidity also tends to exaggerate moves in either direction, so retail investors should be cautious.»
«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.»
«Compared to the last two weeks, there are not too many scheduled events with the ability to move the entire market next week. So traders will try to make money by focusing on individual names and earnings reports.»

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