Alan Skrainka
Alan Skrainka
companies equity help private tech tried unit
It has nothing to do with the economy. It was in the private equity unit where they tried to help fledgling tech companies get started.
economy investors maybe realizing
Maybe investors are realizing there's more to the economy than technology.
blue flight market quality stocks tech
What you have going on in this market is a flight to quality, which is the blue chips, as tech stocks are priced to perfection.
afford buying consuming home standard using
So many Americans are consuming by using their home equity. If you can't afford a standard mortgage, you probably shouldn't be buying a home.
concern economy far faster grew hard hikes interest maybe might people rate thinking
Maybe it's concern that the economy may have more of a hard landing. The economy grew a little faster than expected, so people might be thinking we're not done as far as interest rate hikes are concerned.
buying investors taken three throwing time wake
There has been a lot of s elling that has taken place and you see so many analysts that are throwing in the towel. I think when investors wake up three or so years from today, they are going to look back on this time as a buying opportunity.
areas cancer fastest great growing pipeline
We think they do have a great pipeline in the areas of cardiovascular, cancer and AIDS. These are the fastest growing areas in the pharmaceutical industry.
technology
It's the same story. Technology is hot, and everything else is not.
event major next sector technology
The next major event is Microsoft's response, but I don't think that's significant. It's significant but not to the technology sector as a whole.
bond broader fed investors market pushed raise talking weak
The bond market was so weak all day that it pushed the broader market lower. Investors weren't talking about if the Fed will raise rates, but how much.
cautious jumping people reflects selective wall
It just reflects Wall Street's manic-depressive mood. In the meantime, you have some selective cautious buying, but I think people are much more cautious and not just jumping in on any dip.
beginning breaking company looks table taken threat
It looks like the threat of breaking up the company has been taken off the table and is beginning to fade.
cautious saying step
It's a very cautious market. We're saying take a step back from the day-to-day and look at the big picture.
bet change commitment convinced federal meeting nobody people prior quiet rates reserve today tomorrow wants
It's just been a very quiet day. Nobody wants to make a big bet prior to tomorrow's decision. People are pretty convinced that the Federal Reserve won't make a change to rates but they want to see the statement. It doesn't make a lot of sense to make a big commitment today when you have such an important meeting tomorrow (Tuesday).