Barry Hyman
Barry Hyman
buy perception rally since
Since the perception is that the market's going to rally tomorrow, why not buy today.
extension jewelry late since spend
Since I filed an extension and probably will be late getting it, I will probably just go spend it. Nothing special, I would just say probably some jewelry for my spouse.
commentary liked positive
Net-net, the commentary was positive - I liked the productivity understanding.
bond concern continue defensive equity fed market number numbers pressure raising seeing shows store stressed
Now we're going to see more pressure on the bond market and an already stressed equity market. There's a lot of concern and we're seeing some defensive investing. This number shows that the Fed will continue raising rates. Numbers like this show that we're in store for two more hikes.
course earnings ignore potential
You have to ignore that because they're of course going to be bad, ... You have to look at earnings potential, and cyclicality stocks, I'll go for International Paper.
market rounds sell stories treated whether worry
You have a market on eggshells. The stories that make the rounds are being treated as sell first and then worry about whether they're true.
avoid backbone bank believe clear companies cyclical earnings fed good growth looking means people provide retail security slowing stability stocks technology toward
You have to be careful. There are not many sectors that are doing well out there. This is a slowing economy. People are looking for security of earnings. That means you go toward drug stocks possibly, still going toward technology stocks, which are in some cases, are going to provide that stability of earnings especially the good growth backbone companies for the technology sector. Avoid cyclical stocks, avoid retail stocks. Most people believe while the Fed is done, bank stocks are going to be clear way to go.
august bit friday gave hike likely number
The PPI number on Friday gave us a little bit of a hint that there most likely will be a hike on August 24th, but that'll be it,
announcing company corporate major positive
When you have a major company like GE boosting its dividend and announcing a big buyback, that's very positive for corporate America,
constant exhibit market negative news opportunity
Without having that constant barrage of negative news, there is the opportunity for the market to exhibit some strength.
believe hard saying technical technician weeks
We've had so many weeks now of down that it's kind of hard to believe we could have an up day or an up week for the market, but the technician in me is saying this is nothing more than a technical rally.
concerns earnings economy economy-and-economics fourth growth higher lower oil recently slower supported weaker
We're supported by a rebounding economy after a weaker fourth quarter, and recently lower oil prices. But that's countered by concerns about slower earnings growth and higher inflation.
ahead bit employment expected higher interest investors rates
There is also a little bit of nervousness ahead of tomorrow's employment report, which is expected to be strong. It just focuses investors on the higher interest rates that are still in the offing.
certainly due markets money start wants
There is a lot of money out there that wants to be invested. Oversold markets start with short-term rallies and we're certainly due for a short-term rally.