Barry Hyman
Barry Hyman
economy economy-and-economics fed move psychology selling tremendous until
The psychology is just not there for the economy to make any substantial move until we get through the Fed meeting. There's really no selling pressure, it's just tremendous volatility.
absolutely belief coming core economic euro exist higher market oil overnight price problem quickly reason root searching weaker
The price of oil and the weaker euro is absolutely having an impact. This is a market searching for a reason to go higher but this is a core root economic problem that could exist and the market is quickly coming to the belief that there is no overnight fix.
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.
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.
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.
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.