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Letter "J" » Jon Brorson Quotes
«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.»
Author: Jon Brorson
«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.»
Author: Jon Brorson
«It seems the confluence of events, with Delphi, and the week you had last week, you start out here pretty tepid. I am not putting much stock in what the earnings are, but I think investors are waiting to hear what the companies would say about the outlook.»
Author: Jon Brorson
«The market is just awaiting for the earnings season to begin. October, for whatever the reason, always has a rough start. For some reason, the market has a problem with the month.»
Author: Jon Brorson
«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.»
Author: Jon Brorson
«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.»
Author: Jon Brorson
«Gold is very sensitive to inflation. If you're worried about inflation, you tend to see gains in gold.»
Author: Jon Brorson
«I wouldn't be surprised if the market wakes up tomorrow and buys them (stocks) back again.»
Author: Jon Brorson
«I don't think its going to have much of an impact.»
Author: Jon Brorson
«Sitting on the market has been this 800-pound gorilla, King Kong of the Federal Reserve, and when you remove this gorilla ... I think stocks can work their way higher.»
Author: Jon Brorson
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