Brian Finnerty Market Quotations

Yesterday, late in the day, we saw big buying in the Internet sector and we heard there were some big institutions in the market buying. It looks like they walked away today.

I almost thought that a quarter-point rise in rates was priced into the market. But I think it depends on how the Fed says it or what they do because if it's the first in a series of hikes the market is going to get slammed hard.

I think the market is going to rally right around election time because of a very oversold condition. We have a market that is way oversold so I think it is going to bounce.

I think the earnings will be good but not great, and the market will react accordingly. Some people argue that stocks may have already priced in that the numbers will be fine, but I think you're going to continue to see stocks rising. The S&P 500 potentially has room to add another 6 to 7 percent in the near term.

We got a little bit overextended, a little bit overbought. A lot of buying came into the market in this last rally. We're due to get a little bit of pullback. ...The individual investor is still not convinced he should be in the market, and he's not. I think we're going to be range-bound for a while here.

Earnings season is always volatile and we're just going to have to watch it. What companies say can throw a monkey wrench into market action or be a catalyst, and we have a lot of big companies reporting in the next few days.

This market may not break out of that range.

This market is shrugging off negative news like it never has before.

The 'beige book' really hurt the market today. I think this report is much weaker than anyone thought.

The market has been in this trading range for a while. The market is now digesting all of this economic news. I believe we're poised for another good run in the market.

The market is really waiting for (Friday's) numbers. It's going to be a case of as interest rates go, so go equity markets.

The market is looking better. The mentality is good. They're buying on the dips. Maybe we've finally broken out of the downtrend. It's not just the hedge funds. You're seeing mutual fund money coming in. You're seeing the individual investor start to come back in.