Terrence Gabriel
Terrence Gabriel
becomes hard lure market resist
If you want to play this market it's hard to resist technology. The lure is tremendous, so it becomes self-perpetuating.
fed interest quite rate worried
It comes down to rate fears. The Fed is going to have to get pretty aggressive. We're quite worried about the interest rate outlook.
chips demand federal half percentage rates reserve rises slow whether worldwide
There's such a worldwide demand for chips that whether the Federal Reserve rises rates (a half percentage point) isn't going to slow demand for chips.
case fed scenario worst
The worst case scenario is the Fed overdoes it.
certainly facing hitting issue microsoft profit stocks taking
I think the Nasdaq was facing a lot of profit taking already. Certainly on the Nasdaq today, the Microsoft issue is hitting stocks in general.
happens themselves trends
The trends can play themselves out in 20 minutes. It happens all in one day.
growth people percent push rates whether
People feel the growth is there whether you push rates up to 6.50 percent or 6.80 percent.
almost fact perception psychology quarters rightly shifting taking
It's almost like now the psychology is shifting to expectations that sequential quarters will in fact decline. Rightly or wrongly, that's the perception that's taking hold.
certain investing massive momentum start stocks tendency toward
Momentum investing has become more and more in vogue. When certain stocks start to move, there's a tendency toward massive concentration.
begins closely earnings flood good interest news next rate reacting stocks watched week
Stocks are not reacting to good (earnings) news. Next week begins the real flood of what should be very closely watched reports. If the good earnings news is not able to buoy the market, it's because of interest rate concerns.
bounce genie volatility
Once the volatility genie is out of the bottle, he's going to bounce around for awhile.
air looking prices stocks tech tremendous
We've already let tremendous air out of these tech stocks. The prices on some of these tech stocks are looking very attractive.