On the upside, at least the buyers are stepping back in and it isn't just all sellers. We're seeing buying in gold stocks, energy, semiconductors and other oversold names. There's also a lot of economic data coming down the pipe in the next few days and that should give us more to chew over.
There are not yet any comments on this quote. Why not register / login and be the first?
This quote is just one of 9 total Bryan Piskorowski quotes in our collection. Bryan Piskorowski is known for saying 'On the upside, at least the buyers are stepping back in and it isn't just all sellers. We're seeing buying in gold stocks, energy, semiconductors and other oversold names. There's also a lot of economic data coming down the pipe in the next few days and that should give us more to chew over.' as well as some of the following quotes.
There is no closure from these numbers. Nothing has been sorted out.
On the upside, at least the buyers are stepping back in and it isn't just all sellers. We're seeing buying in gold stocks, energy, semiconductors and other oversold names. There's also a lot of economic data coming down the pipe in the next few days and that should give us more to chew over.
We've got some decent data points to work through over the rest of the week. The new home sales, initial jobless claims are particularly important and Friday we have Michigan sentiment. But it's been the case of late that if the news is good, nothing happens and if the news is bad, we sell, so we'll have to see how these reports play out.
Looks like the dead cats aren't getting as much of a kick as we were looking for. We're seeing a month of consolidation in a historically challenged month of September.
This quote is just one of 9 total Bryan Piskorowski quotes in our collection. Bryan Piskorowski is known for saying 'On the upside, at least the buyers are stepping back in and it isn't just all sellers. We're seeing buying in gold stocks, energy, semiconductors and other oversold names. There's also a lot of economic data coming down the pipe in the next few days and that should give us more to chew over.' as well as some of the following quotes.