Art Hogan
Art Hogan
carrying internet overall passion stocks
The overall passion for Internet stocks is carrying over to the index itself,
environment interest
We are in an environment with friendlier interest rates,
bad realizing spending
TI wasn't as bad as predicted. We priced in the worst-case scenario, and it wasn't the worst. We're realizing that, yeah, spending on IT (information technology) is slowing, but it's not stopping.
came data economic factory fixed focus market orders position positive today tomorrow
Today we had some positive economic data and we came into the market oversold, ... I don't think we've fixed the oversold position -- I think we're still cheap. Tomorrow there will be some focus on factory orders and Cisco earnings.
changes clearly game good news plan stocks
We didn't see any changes in his game plan and that is clearly good news for stocks at this juncture.
afraid data economic picking terms
What we've gotten, in terms of economic data and earnings, is no sense things are picking up ? they're (investors) afraid of another ledge to go over,
bad behind good news opened
We opened up the floodgates of bad news. The good news is, a lot of this is behind us, and we probably overreacted on the downside.
bad behind good news opened
We opened up the floodgates of bad news, ... The good news is, a lot of this is behind us, and we probably overreacted on the downside.
decision good light
The decision being expedited is good news, ... There's light at the end of the tunnel.
assume bad hurting microsoft people
A lot of people assume that what's bad for Microsoft is bad for technology, and that's what's hurting the Nasdaq,
although bad good main news street wall
Although this is bad news for Main Street this is very good news for Wall Street,
employment higher hoping management number people rally report supply
A lot of that rally had to do with the ISM (Institute for Supply Management) number, particularly the employment component, with people hoping that in turn, Friday's monthly report will show a higher number of payrolls than what people are expecting.
buy kicked program quickly selling turned
A lot of program selling kicked in, especially on the S&P 500 and those quickly turned to buy orders.
bit citing currency flight material problems puts raw safety
They're (Intel) not citing problems like currency or raw material costs; they're citing demand, and that puts a spook in all of the markets, ... There's a little bit of a flight to safety and Hewlett is a news-related purchase.