David Briggs Last Quotations

Last week we were looking for three things: for cash to flow into mutual funds, tech stocks to do better and the market to end above 1,200. We got them all, so we were anticipating a good day today.

I think last year was a good year for stocks, I think this year was extremely difficult until recently.

We're in a narrow range, moving around about 1 percent over the last three days, and it looks like the markets are waiting for some economic figures or waiting on oil because there's really no reason to push anything now.

The stock market rallied late last year and early January because people thought we were near the end of the rate cycle, but now they're less sure.

The S&P lost 50 points last week and today we gained back four. This is not great.

I'm actually encouraged the market isn't down more than it is. We've been seeing a lot of rotation, but we also saw some money being put to work last week.

This particular stage of poker on television is driven by people who have been playing offline for the last 10 years.

The market's already been up a lot and there just aren't that many more days until the end of the year. People are looking at what happened in last year and thinking we might see a January pull back.

The market seems trapped between 1,200 and 1,212 on the S&P. We'll probably see a little strength later in the week, at the very least to offset last week's weakness; and if we see the S&P dip below 1,200, then I think some bargain hunters will come out.