Brett Gallagher Quotes on Time (5 Quotes)


    Everyone has talked about employment being the missing link in the recovery, but as the weekly jobless claims have made clear for some time, employment is moving in the right direction, it's just moving very slowly. At whatever point a substantial recovery in jobs really takes hold, that's probably going to be a difficult time for the stock market.

    We're going to have to see better news and slow steady incremental gains over a prolonged period of time in order to build the market.

    This is a market that has no confidence. Corporate confidence is shot, confidence in earnings is shot, and confidence in Wall Street analysts is gone. Only time is going to heal that.

    I think the market is just biding its time, and we're going to have these back-and-forth days.

    It's the wildest market I've seen in some time, ... We've gotten to a point where we may get a short-term rally for the next week or two, but beyond that, the market is likely to retest those lows and even go lower. There still isn't much confidence out there. The market crossed back and forth over the breakeven line 18 times today Friday, which tells you how jittery investors still are.



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