Barry Hyman
Barry Hyman
bonds gone housing improve influenced market rates trends
The market did improve with the housing data. Market trends day to day are really influenced by how the bonds have been trading. When the rates have gone up, equities have suffering, when rates have gone down, the market has been optimistic.
bids blue causing flowing keeping money start
(Biotechnology) is keeping the Nasdaq up, ... As bids start to firm, money is flowing back in, and that's causing the Nasdaq to outperform the blue chips.
bargain coming good hunting
I think there was some bargain hunting coming in on the back of good news.
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.
afford economic impact line morning news number overlook retail rise sales
I think we are still in a consolidation period, ... and I think we can't afford to overlook the impact of the economic news on the market. You had a retail sales number this morning that was in line but nothing spectacular and a rise in jobless claims.
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.
chew gum longer people street walk wall
It's nothing more than rotation. I think people on Wall Street can no longer walk and chew gum at the same time.
acted board federal interest left lower open please properly reserve window
I think the Federal Reserve Board acted properly and left the window open for lower interest rates, which will please the market.
caution coming hinges looking lower market prices stories suspicious time
A lot hinges on the numbers. If they're good, the market rallies. If we get any suspicious numbers, or more accounting-related stories coming into the fray, we're looking at lower prices again. It's a time of caution and some confusion.
beaten beating companies earnings expand microsoft pattern powerful
I think it's the pattern from pre-announcements to earnings ? these are two companies (Motorola, Yahoo!) that have beaten lowered expectations, beating pre-announcements. When you expand that to the Microsoft story, it makes it even more powerful today.
ceo coming comments market next saying test
I want to see more comments from the CEO saying things are stabilizing, ... The market has its test coming in the next four-to-six weeks.
economic extent fed few granted hike indicate last mean meeting news next people rates recent relative rise taken takes year
I think to an extent we've taken for granted the last few Fed meetings, and next week's meeting takes on more significance, ... A quarter-point hike is pretty much expected, but I think the relative bumpiness of the recent economic news could mean the Fed will indicate that rates may not rise as aggressively last year as people had been thinking.
financial good indication interest rate sensitive stocks
The financial stocks, which could be a good indication of interest rate sentiment, are up. You want to see the real interest rate sensitive stocks participate.
economy-and-economics higher implies interest strong
Better-than-expected LEI implies a strong economy. It also implies higher interest rates.