Brian Williamson Market Quotations

Looking back, the S&P 500 is at four-and-a-half-year highs, so it seems the market had no problems with earnings last quarter.

I think the market bounced off of Oracle's turnaround, which triggered some institutional buying. We had some momentum buying that lifted tech, but the rest of the market kind of faded off.

We had some momentum buying that lifted tech, but the rest of the market kind of faded off.

There have been some expectations in the market that the Fed would perhaps do, instead of three hikes, maybe two going forward. That optimism may have faded a little bit.

The situation has not improved. With several major overseas markets down and continued attacks on Nigerian oil fields, this market has a negative backdrop.

Compared to the last two weeks, there are not too many scheduled events with the ability to move the entire market next week. So traders will try to make money by focusing on individual names and earnings reports.

The Fed is a huge focus right now, if not most of the focus of what's going on in the market (in terms of) inflation, rates, whether the economy is going up or down.

The number looks pretty much in line. Ex-food and energy was better than expected. The focus is on earnings now this economic number is out of the way. The market looks to be doing OK off the get-go here.

The market needs a catalyst right now with all this bad news weighing on it. It's up to earnings to turn the tide.