Ned Riley
Ned Riley
dangerous market move news rumor volume
But it's also a dangerous period. There isn't a lot of news and the volume is low, so the market is going to move more on rumor than on fact.
focus interest market rest stock
For the rest of the month, the focus for the stock market will be on interest rates.
action bottom clearly federal focus good interest looks matter needs people rates reserve searching stocks
I do think we're searching for a bottom on the Nasdaq and the action looks good so far. I see a lot of stocks doing well and people are going bottom fishing. Interest rates matter and clearly the Federal Reserve needs to focus on the Nasdaq.
consumer enron fallen less market notion number perspective retail sales today
The retail sales number today reinforces the notion that the consumer hasn't fallen apart. Today's market is encouraging from the perspective that there is less of an Enron hangover.
biggest coming competition effective impact introduced next supposedly
Competition's going to get a lot more intense, ... We know that one of the biggest products, Viagra, has been a blockbuster drug and there's more competition coming in next year. There's a new drug going to be introduced next year, and that supposedly has a much more effective impact on patients.
based improved improving investors major prices stock taking visibility worse
I don't think the visibility is improving but I think stock prices have improved based upon the acknowledgement by investors that fundamentals couldn't get any worse and the major deterioration is taking place now.
reflection
I do think it is a reflection of our society. Fast, short-term and speculative in nature.
buying instead rally selling toward
The inclination is toward selling the rally instead of buying on the dips.
blown clearly continues market positive recovery sector start street strong surprised tech truly wall
I clearly think this is just another manifestation of a recovery that continues to be underestimated by the Wall Street community. Not only Cisco, but the whole tech sector has blown away estimates. I would be truly surprised if the market doesn't have strong futures and a positive start Thursday.
buying exercise golden investors news rules starting
Investors are starting to exercise one of the golden rules of investing, ... And that's buying when the news is the bleakest.
cash computer microsoft period
Things like Dell Computer or Microsoft or Cisco Systems, all have one characteristic: They have enough cash to go through a period like this and come out smelling like roses,
ahead happens jobs report
The jobs report is the cornerstone of the week. But a lot happens ahead of it.
conviction forth process
There's no conviction over earnings, ... You're going to get this vacillation back and forth as we're in this bottoming process and it's going to take some time.
conviction forth process
There's no conviction over earnings. You're going to get this vacillation back and forth as we're in this bottoming process and it's going to take some time.