Kate Warne
Kate Warne
Kate Warne was the first female detective in the United States...
basic canadian change environment expect good overall record records strong view year
I would not read too much into the record at this point, ... The Canadian market's been doing very, very well this year. It's doing well for all the right reasons: strong earnings, basic good environment for equities. I expect we'll see more records this year but today's doesn't change the overall view much.
leadership market sort tries volatility
I think we're going to see a lot of volatility as the market tries to sort out where the new leadership will come from.
mode move rather surprising waiting
I think the market's really in a waiting mode right now and it's not too surprising it would move rather dramatically on anything that was announced.
happen hit market might nervous overall saying seemed tech third
A Combination of Nokia saying it wouldn't do well in the third quarter, which seemed to hit all of the tech sector, the end of the Nortel Corning talks, and I think the market overall got nervous about what might happen in the future.
concern growth led microsoft since slow split warning worried worrying
Now that nobody's worrying about this quarter's earnings, they're now worried about if growth will slow and since Microsoft said yes, that led to a sell-off in technology. There's some worry about Microsoft being split up but I think it's actually more concern about their warning about the future.
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,
high quality smaller stocks technology
Any nervousness about Cisco translates into Nortel and all other high quality technology stocks and into some of the smaller riskier ones as well.
buyers carry clearly earnings happening nervous people sector stepping technology
I think it's just carry over from yesterday. People are still very nervous about what's happening in the technology sector with earnings warnings. There's clearly some buyers stepping in today.
decided people
I think people decided this morning's sell-off was probably a mistake.
names optical related strength technology
There's a lot of strength in technology names that are high-quality companies, particularly those related to optical networking,
asia continuing generally good industry kinds mergers metals news prices push resources seeing stocks
Also the good news out of Asia is continuing to push other resources stocks higher, metals prices are rising, we're seeing more mergers in the resource industry and all of those kinds of things are generally good news for those stocks and companies.
flat today
Basically, today is all Nortel. Other things would have come out flat if weren't for Nortel,
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.
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.