Barry Hyman
Barry Hyman
asian believe bottom cannot hurt japanese markets
I believe the Asian markets are stabilizing and if you look at the Japanese market, I think the market has put in a bottom in Japan as well and that cannot hurt the U.S. market in the intermediate term.
course earnings ignore potential
You have to ignore that because they're of course going to be bad, ... You have to look at earnings potential, and cyclicality stocks, I'll go for International Paper.
market rounds sell stories treated whether worry
You have a market on eggshells. The stories that make the rounds are being treated as sell first and then worry about whether they're true.
avoid backbone bank believe clear companies cyclical earnings fed good growth looking means people provide retail security slowing stability stocks technology toward
You have to be careful. There are not many sectors that are doing well out there. This is a slowing economy. People are looking for security of earnings. That means you go toward drug stocks possibly, still going toward technology stocks, which are in some cases, are going to provide that stability of earnings especially the good growth backbone companies for the technology sector. Avoid cyclical stocks, avoid retail stocks. Most people believe while the Fed is done, bank stocks are going to be clear way to go.
bounce economy economy-and-economics remains seem slower slowing strong worries
We seem to go from worries about the economy slowing down to appreciating that the economy remains strong and can bounce back from slower fourth-quarter GDP growth.
asset cash helping hold paid perspective switch
You are not getting paid to hold cash anymore. I think if you look at it from that perspective you see an asset allocation switch going on, which is helping this rally.
market negative news tech test today
Today will be a test of the market to see how it handles some negative news in the tech sector, Dell being that test.
attempt bit clearly rebound seeing trying
You are seeing a little bit of rebound in some of the worst-hit sectors. It's clearly a short-term attempt at trying to find some stabilizing level.
believe hard saying technical technician weeks
We've had so many weeks now of down that it's kind of hard to believe we could have an up day or an up week for the market, but the technician in me is saying this is nothing more than a technical rally.
economy-and-economics higher implies interest strong
Better-than-expected LEI implies a strong economy. It also implies higher interest rates.
bears believe bulls either markets vigorous
Either you believe the markets or so don't believe the markets. There's no in-between here. The bulls are very vigorous and the bears are very vigorous.
concerns earnings either future home leave migration people seek stay stocks technology
Either people are going to reposition away from technology and seek a home in the migration away from technology, which is why you have other sectors moving. For those who are tech players, it's going to leave those stocks that may have some concerns over future earnings and it's going to stay there.
entry investors looking might
Biotechnology is not going away and if investors are looking for an entry point, this might be it.
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.