Kate Warne
Kate Warne
Kate Warne was the first female detective in the United States...
biggest business certainly company far half monday moved news optical selling taking
Certainly Nortel selling its optical business to Corning and then taking half of the company is probably the biggest story on Monday as far as news that moved the markets.
concern continue earnings fourth orders pick quarter sales stronger whether
But the real concern is not whether first quarter earnings were stronger than the fourth quarter, but whether orders and sales continue to pick up.
basically beyond fed front happens meeting move next nobody pattern positive sort trades waiting wants week
But beyond that, when you look at the pattern of trades for the day, it was basically positive but sort of lackluster. I think everybody's waiting around to see what happens next week and nobody wants to move a lot in front of the Fed meeting on Tuesday.
flat today
Basically, today is all Nortel. Other things would have come out flat if weren't for Nortel,
basically company earnings expected gotten looking market moved reported seeing stocks
Basically what we're seeing is stocks that reported expected or better than expected first-quarter earnings have moved up, while any company that has really disappointed has gotten slammed. The market is looking for direction.
expect high higher likely lower moved production raise stay surprise time
I don't expect them to stay that high for long but it wouldn't surprise me if they moved higher before they drop, just because we do have lower inventories and it's not likely OPEC's going to raise production any time soon,
bad began fed good last market nervous obviously optimistic people prices quite seemed today week
Obviously the market was very nervous about what the Fed is going to do tomorrow.... But I think by the end of today people began to get optimistic that things are not quite as bad as they seemed to be last week and prices are actually pretty good right now.
everybody expects high leads negative question since strong surprises
Since everybody expects very strong earnings, that then leads to the question of will there be negative surprises just because of how high the expectations are.
concern growth led microsoft since slow split warning worried worrying
Now that nobody's worrying about this quarter's earnings, they're now worried about if growth will slow and since Microsoft said yes, that led to a sell-off in technology. There's some worry about Microsoft being split up but I think it's actually more concern about their warning about the future.
best companies large leaders-and-leadership major saw terms
Basically, all of the companies that have been doing the best this year, in terms of the major leaders, the large caps, really saw a big pull-back today.
market nervous news ugly unhappy
What an ugly day. A day you didn't want to be around to watch. It was just a market that was nervous and unhappy about the news of the day.
access additional believe capital companies concerned difficult exactly income markets structure time trust
We don't believe the income trust structure is appropriate for all companies, ... We're concerned that many companies that need to grow, if they become an income trust, are going to find it difficult to access the capital markets at exactly the time where they need additional resources.
rally seen strong
We wouldn't have seen such a strong rally if we hadn't seen most of it in Nortel.
bad ignored market news remained sentiment time
Expectations have come down enough at this stage. This is the first day in a long time when the market has ignored bad news and the sentiment has remained positive,