Barry Hyman
Barry Hyman
confusion depends earnings issue
I think there's enough in the cyclicality issue that it's going to be more of a traders' market, ... I think there's enough confusion out there that so much depends on the third-quarter earnings that we actually do see.
ahead beyond economy half help market near next strength surprising upside
I think there's still more upside ahead into next week, and as we look at the market beyond near term, I think the surprising strength in the economy is going to help us in the first half of 2006.
concern economy expect fed meetings rally seem slightly talk
I think there's a concern about the economy so I think you'll see conciliatory talk (from Fed governors). We seem to rally into Fed meetings so I would expect a slightly upward bias.
again basis buy coming concept dominate interest people points rate season weakness
I think there are going to be opportunities to buy the weakness because I think the pre-release season will dominate again ? I don't think there's going to be a significant drop, though. There are a lot of people who buy the concept that 250 basis points (in interest rate cuts) with more coming is going to help.
affect bargain bit bring earnings fact looking market news onto people sector selling since today
People are just looking at the fact there was no other news out there today since the LSI earnings to really affect the market but there was a little bit of bargain hunting. LSI was a sector story but it was enough, with the nervousness going into tomorrow, to bring some selling onto the market.
center domestic economic friday major numbers peek tech
Without any major tech stories, the economic numbers are going to take center stage. It started on Friday with the first peek at the GDP (gross domestic product) for the first quarter.
advance although china develop economic ended fears happened late remains risk volume warning
We ended up OK, although most of the advance happened late in the day on the China warning and the volume remains light. There was the risk of new stagflation fears to develop out of the economic news, and that didn't happen, which was another positive.
growth
We do think growth is going to be the place to be again,
coming earnings names news overall seem tech
Overall the earnings seem to be coming in a little better than expected, but the news has been the lackluster going-forward look in high-profile names in tech and finance.
bear buy entering market weakness willing
I think individuals should still be willing to buy weakness out there, ... I don't think we're entering another bear market right now.
consumer ensure fed helped indicative investor maintain market needed performance positive psychology since
I think this week's performance has been very indicative of a bottom. The market made a lot of sense this week, since the Fed really helped to ensure the positive psychology that is needed to maintain consumer and investor confidence.
ahead street technology tough wall wants
There are still tough times ahead in technology, ... Wall Street wants to see only greater-than-expected earnings.
divert hard money phenomenal quickly stocks
I think it's just more of the same. The Nasdaq is quickly approaching 5,000 and it's hard to divert money back to traditional stocks when the opportunities are so phenomenal in the new world economy.
conviction fed growth performing stories today
Most of the growth stories are not performing today and that is how we'll go into the Fed meeting. There's still very little conviction in the market.