John Hughs
John Hughs
bounce came economic key last late levels perceived plus reports seeing support week
Everything came down to key support levels late last week and so I think you're seeing a bounce off that, ... You've also got some economic reports that are being perceived favorably, plus McDonald's earnings.
acting bit good internet push quick seeing seen start technology warning
We like technology still because it is one of the better acting groups, ... We've seen a good push with the Internet stocks, but we're seeing with a bit of a warning that you have to be quick here if things start to deteriorate, to get out.
behavior close gains historical last market prove rally seeing today trends week
I think when you look at the rally last week, the behavior we're seeing from the market today is pretty constructive, ... We're digesting the gains from last week, and if historical trends prove right, we should close the week a little higher. Technically and objectively, the market is doing everything it can.
change coming economic economy last period rose saw seeing starting stocks weeks
We're getting to the year-end period and stocks are starting to drift. You're seeing that today, ... There's still a lot of uncertainty about the economy and about the change in Bush's economic team. We're also coming off a period where the Dow rose for 8 weeks and so you're seeing a little pullback. You saw it last week and I think it's continuing.
began call continuing correction few leaving money seeing stocks tech value weeks
What we're seeing is this kind off continuing correction in tech stocks that began a few weeks ago. The money is leaving tech and going to what we call value stocks.
leave money seeing shifting
We are seeing money leave anything that's not technology, biotech or telecom and shifting into those very groups.
april bit chips leadership seeing sideways weeks
The chips and the Nasdaq, that's where the leadership was in the April to May rally, and after two weeks of sideways trading, we're seeing a bit of a resurgence in that area,
expect saddam saw seeing seen today tuesday wednesday week
You're seeing a follow-through of what you've seen this week, ... On Monday, you had some profit-taking after Saddam Hussein's capture, Tuesday you saw a rally, Wednesday it consolidated and today we're up again. I would expect the week to end on an up note.
death delaware knots plenty red spiral sure
The only thing we can do in Delaware to keep the red knots from going into a death spiral is to make sure there are plenty of horseshoe-crab eggs.
hanging number payroll stocks talk
We're overbought, especially after yesterday, and there's talk that tomorrow's payroll number may disappoint, ... Yet stocks are hanging in.
lots wednesday york
You have a lot going on this week. But emotionally, for lots of us in New York and elsewhere, Wednesday is the big day.
fill good rally relatively rest taking yesterday
You had a pretty good day yesterday -- there was broadness in the rally and good volume, ... We're taking a day to fill in here. Things still look relatively positive, it's just consolidation or a rest after yesterday's action.
bit dips follow negative pattern positive process rarely
We're in a bit of a downtrend right now. There's a bit of a negative pattern technically and fundamentally. But we rarely follow through on these dips downward, ... This is a constructive process we're going through as we're working things out. It's a positive thing.
disaster discourage people send sure untrained
We're sure not going to discourage people from helping. But we can't just send untrained people into a disaster zone.