Ned Riley
Ned Riley
buyers chip forced frustrated larger market waiting wonderful
I think it's wonderful -- the market doesn't want to go down. There are a lot of frustrated buyers out there that are waiting for a much larger correction, but they are being forced to chip away. ... With this market today, you just couldn't get the sellers out in force.
basis challenge commentary governors guarded market people percentage point reduction
Some of the governors are going to challenge another 50 basis point (half a percentage point) reduction that many people would like. I think they'll be guarded in their commentary and that may be one of the catalysts for the market to correct.
action activity bias market positive
The activity and action in the market is very positive and I think the bias of this market is up.
market might monday possible problems today
Today the market anticipated possible problems over the weekend. If nothing happens, we might have a better Monday than we've been having.
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.
analyze companies guilty market proven taken until
Unfortunately, the market has taken a 'shoot now, analyze later' attitude. These companies are guilty until proven innocent, and they need to come up with confessions or disclosures that prove there's nothing questionable.
becoming commentary direct fed feeding interest last less low market negative neutral people talking
We're going to have more people talking about the Fed becoming less aggressive, which will be neutral or negative for the market because the market has been feeding off low interest rates. I don't think the Fed commentary is going to be as predictable and direct as the last meeting.
focus interest market rest stock
For the rest of the month, the focus for the stock market will be on interest rates.
certain iraqi june markets meeting stronger
I actually think that the markets will be stronger going into the FOMC meeting June 30 and the handoff to the Iraqi council, only because these things are certain now,
believe discount earnings future group grow growth market maybe percent premium rate slow
I believe the group is going to be able to grow at least 8 to 10 percent in the future and I think the S&P earnings are going to slow down to maybe 7 or 8 percent, ... So this group could have actually a premium growth rate and yet a discount to the market that's, at least, 50 percent, if not lower.
market recovery reflecting
The recovery is still tepid. The market is reflecting that slowness.
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.
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.
below fall higher investors market oil prices start work
We're nearing an inflection point. I think the market will start to work higher as investors become more comfortable with higher oil prices -- particularly if oil can fall below $50 -- and after the presidential election.