And that's why we're going to stick close to the earnings tree, closer to the large cap names.
More Quotes from Bryan Piskorowski:
All of this building up with very little fundamentally to support it makes us vulnerable. It probably means there's going to be some news in the next few sessions that will cause some profit taking to come into play.Bryan Piskorowski
There's still a huge disconnect between the recovering economic factors and the stock action, and corporate governance concerns are a big part of that.
Bryan Piskorowski
The big picture here is that we're pretty quiet, ... We are in the seasonally strongest month of the year, so that supports us, but the fact that everyone's so bullish is a bit worrisome.
Bryan Piskorowski
This morning it was really a story of positive earnings on the tape and no major hiccups on the economic front. All in all, it's going to play out as a respectable but not blow-out earnings season.
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.
Bryan Piskorowski
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