Larry Wachtel
Larry Wachtel
Larry Wachtelwas a stock, bonds, and equities commentator on the New York City metropolitan area radio. He added a populist flavor to his commentary on the stock market and spoke in a thick Brooklyn accent...
managers money rushing simply stocks
I don't think the money managers are going to go rushing into stocks just simply because we got to Dow 10,000.
challenged chasing few good legs near nuts rally
It's a good rally and it's got some legs for a few days, but I wouldn't go nuts chasing after it. It's going to be challenged in the near future.
hike message rate send steady
A quarter-point rate hike would send a message of steady as she goes.
market month point quite run supposed worst
I think the market has done quite well in what is supposed to be the worst month of the year, but at some point you're going to run into an overbought condition,
apple catalyst earnings expecting far mixed positive season waiting
So far the earnings season is kind of a mixed bag. It's not the catalyst that everyone was expecting it to be. Nokia was disappointing, Apple was positive and Citigroup is in the middle. We're still waiting for IBM,
continue hurdles interest major market oil quarter rates snap
The two major hurdles continue to be oil and interest rates on the Treasuries. The market has demonstrated through the first quarter that we can snap back.
leadership moved quality stocks
The leadership of the marketplace moved out of techs and into quality stocks today.
continues good licked oil reaction
Everything continues to revolve around oil after we got licked pretty good yesterday. Everything is a knee-jerk reaction now.
cows sacred year
All the sacred cows of one year ago are getting decimated.
efforts iraq market rally
The fundamentals have undercut any efforts for the market to rally on Iraq news,
days fail good negative slightly three
It's been a slightly negative day, but after three good days and three good months, I fail to see how this is going to be a significant problem. It's just a breather today.
five four last market negative
The market is plagued by warnings. There have been over 500 negative preannouncements in the last four to five weeks.
billion finding microsoft portfolio seen selling
This is the first day of the month, you may have seen some end-of-the-month portfolio selling dissipating, ... And this is the day that Microsoft is distributing $33 billion in cash, so there is some anticipation of that finding its way back to the market.
action amazed market shows sideways strong
I'm amazed at how well the market has held. This sideways action shows a very strong market.