Barry Hyman
Barry Hyman
decent market rally tremendous week
I think the market had a decent week but without any fundamental backing, the rally doesn't really have tremendous upside.
commentary hike interest market sure
Greenspan's commentary sure indicated there is more than one interest-rate hike to come, and that's not what the market wanted to hear.
began feeling secure walk week
I think you walk away this week feeling much more secure than you began the week.
clues market numbers pc picking
The market is going to want to see in those numbers some clues that the PC market is picking up post-Y2K.
coming concern cyclical entering few good issue next opportunity pointed quickly rally rest run sector somewhere weeks worry year
Our look for the rest of the year is we're going to rally and worry. We're going to rally and worry some more. And we're going to rally again. I think the concern or the 'worry period' that we're now entering is this cyclical issue again, after this run up in the semiconductors sector and the third-quarter prerelease season, which we're quickly coming to. And I think that's going to give the opportunity for the next run up in the marketplace, which should come somewhere over the next few weeks into the election. The good news, as you pointed out, is that the Fed's done,
accumulate aware easier fed great investor late looking next problems rally small start stock summer tech technology three trading vigorous weak worried
I think it's too late to be worried about where your tech stock is going to go from here. There are some opportunities out there and we are aware of the short-term problems in the marketplace with the Fed being aggressive. So, we're not looking for a very vigorous rally over the next one to three months. There will be trading rallies. But the investor, the small investor, the intermediate-to-long-term investor should use the summer time, which is seasonally weak for technology stocks, to start to accumulate an easier way into some of these great companies,
generally intel run seeing stock
Intel was generally positive, but I think the stock had run up into the meeting, so that's why you're not seeing much reaction.
increased market volatility
At the same time, there is this increased market volatility that exaggerates these swings.
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.
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.
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.
added anyone change comment fed funds great healthy interpret job opinions puts quickly rate reaction volatility
This puts 5.25% on the fed funds rate back on the table. It's not the job of anyone to interpret what a market's reaction to a comment will be. This has added volatility on a day-to-day basis, so opinions can change that quickly when they shouldn't. It's great to be flexible, but it's not healthy to investors.
broad confidence consumer main number optimism shows start strength today
What I like about today is that all of the main S&P sectors are higher, which shows broad strength for the market. And the consumer confidence number suggests optimism about the start of 2005.