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Letter "B" » Bryan Piskorowski Quotes
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«On the other side, in the box makers, we like Gateway. We think that we're through with the seasonally slow period. The fourth quarter is going to be the key for this stock and it has good positioning here.»
Author: Bryan Piskorowski
«For the Fed, the productivity numbers and the very well-restrained unit labor costs are good news, confirming that they didn't have to take action to pace the economy.»
Author: Bryan Piskorowski
«Remember, we're about two weeks ahead of earnings pre-announcement season. So, that's going to be our next major hurdle here with the market. But looking at the data, you have to say that the Fed have been vigilant and have been bringing us in for a soft landing. And I think that, while you do have some casualties there obviously, the retailers have had a really rough week here this week.»
Author: Bryan Piskorowski
«It's basically a technical dead-cat bounce we're seeing here today. The thing in the market that has been lacking is sustainability and follow through. So we'll keep our eyes on some upcoming economic data. And that's basically going to take today and this week's trade.»
Author: Bryan Piskorowski
«We ran 8 percent in four sessions, and now we're giving some of it back. It's just good old-fashioned, healthy profit-taking more than anything else.»
Author: Bryan Piskorowski
«I can't read much into it.»
Author: Bryan Piskorowski
«A couple of days of profit taking is healthy and I wouldn't be reading too much into it. The discounting nature of the market being what it is, we just got a little ahead of ourselves.»
Author: Bryan Piskorowski
«Clearly, trading here in the month of May feels more like August.»
Author: Bryan Piskorowski
«We're pinned in by interest-rate uncertainty, we're pinned in by the Fed meeting coming up at the end of June. With those two things hanging over our head, the bottom line is the market really hasn't been taking a position on either side of the coin.»
Author: Bryan Piskorowski
«Clearly trading here in the month of May feels more like August. But bottom line here, yes, we are, we're pinned in by interest rate uncertainty; we're pinned in by the Fed meeting coming up at the end of June. Obviously with those two things hanging over our head, the bottom line is the market really hasn't been taking a position on either side of the coin. In the last two weeks, we've basically been trading -- I can't believe this -- in the 10 percent range on the Nasdaq. But that's what it's been.»
Author: Bryan Piskorowski
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