Courtesy of Sabrient Systems and Gradient Analytics
Sabrient’s chief market strategist, David Brown, was quoted in Myra P. Saefong’s Market Snapshot article on Market Watch: Dow ends lower as focus shifts to earnings, Spain
“‘Premarket bullishness’ in equities, which had opened mostly higher, was ‘likely due to expectations that Spain was ready to sign off on receiving bailout money as early as this weekend, but Spanish Prime Minister Mariano Rajoy denied that later in the day, reigniting investor concern about the region,’ said David Brown, chief market strategist at Sabrient Systems. ‘That state of uncertainty, of course, is exactly what the market hates.'”
