Barry Hyman
Barry Hyman
advances case convincing days ended few isolated market people row together
For the market to make a convincing case that we've ended the decline, it's going to have to put together a few days in a row of advances or people are going to look upon up days as an isolated situation.
call ending increased last portfolio quite seen volatility volume
For the last day of the quarter, we haven't seen the traditional portfolio adjustments. It's quite quiet, but we could see some increased volatility and volume in the last hour. But we're still ending on what I'd call a superb quarter.
drop percent picture sector stocks
For that to happen, you need the stocks to drop 50 percent this year. The picture in the telecom sector is not improving.
drop percent picture sector stocks
For that to happen, you need the stocks to drop 50 percent this year, ... The picture in the telecom sector is not improving.
changed consumer cuts dropping economy economy-and-economics effect equity forward gains giving hamper interest markets mean psychology rate time
I don't think the economy can really withstand the equity markets dropping down and giving back all of its gains ? that would really hamper consumer confidence. The one thing that has changed is psychology ? it's time to look forward to what the effect interest rate cuts mean for the economy.
belief bottom brought changing continuing deter fed interest lowering mixed rates somewhat street terms visibility wall
I don't think there's anything that will deter the Fed from lowering interest rates in August. I think the story is going to be the continuing belief that there is a mixed story on Wall Street that has been brought out, in terms of technology. The visibility story is changing somewhat to the 'we see the bottom in sight' scenario.
buy earnings favorite guess stock trend until
Don't buy your favorite stock until you see the earnings statement. It's better to have the trend with you than guess at a bottom.
beyond bias five move next percent question resistance three
The next three percent move for the S&P could be up, and that would take us to important resistance levels. The question is what is the bias beyond that, what is the next five percent for the market? That's not clear.
numbers quarters reporting row skeptical
The numbers look good, but it's two quarters in a row that analysts are skeptical about how they're reporting their numbers.
companies forbidden interest less minds quite rate technology week
It is quite astounding. One week revenue-based companies are forbidden (psychologically) from investors' minds and one week later, as interest rate (fears) return, technology (stock) is the place to be because they are less affected.
market performing profit specific stocks taking
It is profit warnings and it's taking down more of the market than it probably should. The profit warnings are very specific to stocks that have not been performing well anyway.
business developed great model
It's a great business model that's being developed here.
carry retailers turned
The blue-chips just turned down. Regardless, the retailers were up but really not enough to carry the market.
bias buyers downward flow money optimistic pressure seems side
The bias still seems to be to the upside. Buyers are optimistic and see the long-term side of the market. The downward pressure now is not that great. The money flow has just been too strong.