Ned Riley
Ned Riley
higher issue stocks year
A lot of these stocks were much higher a year ago than they are today. Clearly, the bottom-fishing issue is important and real.
care cheap cyclical earnings group growth health rates sell stocks
This is an opportunity, ... You can find some health care stocks with price- earnings ratios, ironically, more cheap than they are in the cyclical area. The health care group of stocks that I like sell about 28 times earnings and have growth rates of 14 percent.
committed demand economy-and-economics fed slowing technology
If the Fed is committed to slowing the economy, then I do think demand for technology will slow.
again against create higher hitting moving note obstacles oil price record stock treasury yield
the ten-year Treasury note yield is again moving higher and the price of oil is hitting up against record highs, all of which create obstacles for higher stock prices.
call economic last seen six strength weeks
The economic strength that we've seen in the last six weeks has been what I call deflationary.
dearth good market negative news sign
There has been a dearth of negative news, which to the market has to be a sign of good news.
market recovery reflecting
The recovery is still tepid. The market is reflecting that slowness.
success victim
We have been victim of the success of the markets.
clearly exception flowing money strongest waiting
With the exception of the Dow, it (was) eerily quiet, waiting for Cisco's results. The Dow is clearly the strongest (today) and it's because there's still a lot of money flowing out of technology.
great rally
We've had a great rally and I think that's going to continue.
appears consumer happened report retail sales spending today
What really happened today is the retail sales report set the right tone, ... It appears that consumer spending is down.
closer corporate determine economic key news next perform period relevant stocks versus week
What's going to be key over the next week and determine how stocks perform is the interplay of pre-announcements versus brokerage upgrades. The corporate news will become more relevant than the economic news as we get closer to the period of quarterly reporting.
banks basically bit comments continue created financial market moving stocks took treasury
What unnerved the market the most and will continue to keep moving it was Greenspan's comments about the treasury market, ... The comments basically took a lot of financial stocks off guard, all the banks and brokers. That paired with PPI created a bit of a panic.
demand economy incredible market products reflect september skepticism tech trend
Today's market and the market in September reflect skepticism around the sustainability of this incredible trend in demand in the economy and tech products in particular, and also in profitability.