Barry Hyman
Barry Hyman
expected profit run surprised
This is the expected outcome. We have run up to this. I wouldn't be surprised to see some profit taking.
economy great hostage last market proof somewhat until
After last week's great run, the market is directionless. We're somewhat hostage until we get more proof that the economy is slowing.
economy great hostage last market proof somewhat until
After last week's great run, the market is directionless, ... We're somewhat hostage until we get more proof that the economy is slowing.
clears discount happened market number tomorrow
A worse-than-expected number tomorrow will discount what happened this week. If we get an inflationary number, the market will go down, but I think it all clears up by mid-June.
consumer continue earnings good inflation reaction rolling sector spending stronger tech
As long as we continue to see good earnings and the reaction to good earnings positive, then you will see Nasdaq as the sector of choice. The Dow is being weighted by this conflicting (economic) story -- stronger consumer spending and OK-looking inflation numbers. But the tech (sector) is merrily rolling along.
brings dominate goes highs information market oil potential producer reaction spike stops today until worry
That's going to dominate the market today until we get more information. A potential story like this from an OPEC producer brings up the worry that oil can spike to new highs very easily. We see the reaction in equities when oil goes higher. It stops equities in their tracks.
Any conglomerate is going to come under question.
anybody money sector
Anybody who has all their money in one sector is making a big mistake,
energy excuses peak rebound trading
A rebound in energy (prices) could be one of the excuses for a mid-December trading peak (in stocks).
economy economy-and-economics fed shows slowing stop taken
Anything that shows the economy is slowing will be taken very well by the market. But the Fed is still out there and I don't think we should get used to the (idea) the Fed going to stop (raising rates) in June.
buyers goes great last shows week willing
Anything goes this week. You had a great week last week and it shows there were buyers willing to come in just on the thought of stabilization.
almost fact hike interest rate
This almost assures the fact that we'll see an interest rate hike in November,
ahead careful good major oriented people positions stock taken welcome
There are no major positions being taken ahead of the Fed. I think people are just being very short-term oriented - you see a stock that has a good story and you invest. But you do have to be careful - you don't want to overstay your welcome in any stock.
hike market negatives reacting several
The only way I can see why the market is not reacting to several negatives out there is the anticipation of one more (rate) hike and we're done.