Roy Blumberg
Roy Blumberg
few fewer last market money months rest running
While the Dow has been running up to 7,000, the rest of the market is doing very different things. Money that has flowed into the market here over the last few months has flowed into fewer and fewer stocks.
days due market oracle pressure putting row seven technology
Oracle is putting pressure on the technology stocks, but the Dow was up for seven days in a row before yesterday. The market was more than due for some kind of a sell-off.
bullish consider couple markets months ourselves
We still consider ourselves to be bullish but we're not as bullish as we were, obviously, a couple of months ago. The markets had a pretty big run.
discount energy fact higher inflation market people picking prices rate reality regular sign slightly start taking though willing
Even though the regular rate was slightly higher than expectations, right now the market is willing to discount the fact that energy prices are an important component. The reality is, it's an important sign and inflation is picking up. The fact is, people have to start taking a look at energy prices as a concern.
gains hold market pulled stocks technology
Technology stocks weren't able to hold their gains and the market pulled back.
bottom continue driving focus group looks market perform slowly starting stocks technology work
Technology is really driving the market but we are starting to see a focus on energy. I like these stocks and it looks like they will continue to perform well. I think that group has made its bottom and it's going to start to slowly work higher.
band couple downside last market rubber stretched upside
We really got the market oversold after the last couple of weeks. We have stretched the rubber band enough on the downside to get some upside bounce.
bear beginning believe correction market stock
I don't think this is the beginning of a significant correction in the stock market. I believe the market is overdue to have a correction of 5 to 7 percent, but not a bear market.
bit difficult jumping market progress sign
The market is up so much that it's got to become a little bit more difficult to make progress. I don't think it's necessarily a sign of anything big I'm bullish, but not enthusiastically, jumping up-and-down bullish.
bad driver earnings funny good market offending positive quite reports
This is a funny kind of market, because earnings aren't really a positive driver for the market and haven't been for quite some time. The good ones don't really help, but the bad reports slaughter (the offending companies).
confidence instill needs
He needs to instill some confidence in the marketplace.
small value
There is much more value in small and mid-cap stocks. Their multiples are much more realistic.
concern economy fed good piece reason slow tech
There is good reason for concern because a good piece of the old economy is not doing so well in this environment. But it is going to take a lot from the Fed to slow the tech rally.
comments economic far investors numbers
Basically, if any of the economic numbers are too far off of expectations -- especially after Greenspan's comments -- that's going to make investors nervous.