Barry Hyman
Barry Hyman
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.
brings bulls further rally
You want to see the follow-on rally when you see an up day like (Monday) because that brings the bulls even further into the game.
bias portfolio quarter today tomorrow upside
The bias for today and tomorrow should still be to the upside because of the end of the quarter when you get portfolio adjustments.
entry investors looking might
Biotechnology is not going away and if investors are looking for an entry point, this might be it.
button buy decent destroying gets key market push ready
This market is just one decent story away from destroying the bears. I can just feel the short-sellers getting ready to push the buy button if the market gets through these key levels.
creates earnings equity help markets negative opinion perception wall
This perception creates a negative opinion on Wall Street. But over time, it will help the equity markets because it is reflexive of a better earnings picture.
bombarded earnings expect market problems
This market has got problems and it's got earnings problems and it has not discounted yet. You have to expect to be bombarded every day by more earnings warnings in technology.
positive provide typical
It was a little better than a typical September, but it didn't provide any big positive surprises.
consumer continue earnings good inflation reaction rolling sector spending stronger tech
As long as we continue to see good earnings and the reaction to good earnings positive, then you will see Nasdaq as the sector of choice. The Dow is being weighted by this conflicting (economic) story -- stronger consumer spending and OK-looking inflation numbers. But the tech (sector) is merrily rolling along.
likelihood pressures
The likelihood of inflationary pressures is increasing. The likelihood that the (Federal Reserve) is going to do something is increasing.
barrel basis crude energy gas natural
Energy up on a day-to-day basis is a factor. Crude is approaching $70 a barrel and natural gas is up too.
christmas last round save
This may be the last round of refinancing, and it could actually save the Christmas season.
oracle sector taken
It's not the Fed; It's all Oracle and it's taken the sector with it.
encouraged overly
I was encouraged by today, but not overly so. We need to see a lot more than one day.