Kate Warne
Kate Warne
Kate Warne was the first female detective in the United States...
basically company earnings expected gotten looking market moved reported seeing stocks
Basically what we're seeing is stocks that reported expected or better than expected first-quarter earnings have moved up, while any company that has really disappointed has gotten slammed. The market is looking for direction.
expect high higher likely lower moved production raise stay surprise time
I don't expect them to stay that high for long but it wouldn't surprise me if they moved higher before they drop, just because we do have lower inventories and it's not likely OPEC's going to raise production any time soon,
last rebound sentiment shifting strength today week
Today is a rebound from the nervousness of last week and sentiment is shifting on the strength of the economy,
areas beginning increases investors looking metal oil saw segments today
What you saw today was the beginning of investors looking at other segments to say 'where are some values?' And that's why we saw some increases in some oil stocks, some metal stocks, some other areas that haven't done so well.
believe depends given happens heavy higher run until
Given that Nortel and BCE are such a heavy weighting in the market, what happens to the real TSE right now really depends on what happens to those two stocks, ... I believe they're going to run higher until they stumble.
alan chairman federal greenspan hear people reserve waiting
Certainly, people are waiting to hear what Federal Reserve Chairman Alan Greenspan is going to say.
biggest business certainly company far half monday moved news optical selling taking
Certainly Nortel selling its optical business to Corning and then taking half of the company is probably the biggest story on Monday as far as news that moved the markets.
good news saw start
We saw really good news to start the day.
bad ignored market news remained sentiment time
Expectations have come down enough at this stage. This is the first day in a long time when the market has ignored bad news and the sentiment has remained positive,
built despite good market might obviously stocks strong
But overall, despite earnings, good news, the market is up but not as strong as you might have expected. So all of it was obviously built into the stocks already.
stocks worried
Everybody's worried that the stocks that have done so well have really overshot,
action concerned continue inflation needs rising thinks time
Everyone thinks they'll say, 'We'll continue to be watchful and concerned about rising inflation but at the same time we're comfortable that no action needs to be taken,'
continue keeps people reporting
At some point, people are going to say 'If Lucent keeps reporting that everything is bad, how long can Nortel continue to look good?'
market nervous news ugly unhappy
What an ugly day. A day you didn't want to be around to watch. It was just a market that was nervous and unhappy about the news of the day.