Barry Hyman
Barry Hyman
next possibly
We don't look for a (rate hike) next week, but possibly one in August.
commentary expected percent quarter seems
With an expected quarter percent rise, the commentary seems a little more hawkish than expected.
catalyst feeds parts pc quarter report sales second sector technology
Today, the catalyst in technology was the report that PC sales in the second quarter slowed. The PC sector feeds into the semiconductor sector, which feeds into other parts of technology.
comforting market yesterday
Today's market is comforting in that it's back a bit, but it just doesn't have the feel of yesterday having made a bottom.
change dominated expect federal percentage quarter reserve trading waiting
Trading is going to be dominated by waiting for the Federal Reserve Board. We still expect the Fed to go a quarter of a percentage point, and no change in language.
activity holidays positions rolling saw traders
Traders are just lightening their positions a little bit. The holidays are compressing the activity and I think most of the (options) rolling over you saw yesterday.
companies dominating focusing investors market optimism reveal season signs traders turn waiting year
Traders are dominating this market when investors are just waiting for these pre-releases to really reveal what these companies look like. We're just waiting for the first signs of a turn and there's little optimism as we go through this pre-release season and no one is focusing on the second-half of the year (2001).
bit surprising terms
This story is a little bit surprising in terms of the players, not in terms of the deal.
ahead attractive beginning believe cap companies enter fairly growth horrendous levels longer market measured next phase starting three tough view
We're not at the beginning of a decline. We don't believe you're about to enter another horrendous down phase in the market measured by the Nasdaq. We think there are some tough times ahead over the next one to three months. But if you take a longer view of that, many of these companies in the Nasdaq big cap are starting to come down to levels that look fairly attractive on a growth basis.
aggressive considered department dominant fed justice perhaps share thinking
We have an aggressive Fed and an aggressive Justice Department thinking perhaps that all things technological, that have a dominant share of the market, could be considered anti-competitive.
continuing correct good michigan numbers oil prices technology
You have the correct sectors continuing to lead, which are technology and financials. The Michigan numbers were good today, and oil prices are down.
behind conviction fed impetus outcome people rally reason specific today trying
You do have some impetus today but there's little conviction and little volume. I didn't see any specific reason behind the rally - people may be just trying to outguess the outcome (of the Fed meeting).
behind conviction fed impetus outcome people rally reason specific today trying
You do have some impetus today but there's little conviction and little volume, ... I didn't see any specific reason behind the rally - people may be just trying to outguess the outcome (of the Fed meeting).
economic negative terms
We don't have a predominance of negative news, day-to-day, in terms of economic events.