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.
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.
above bigger company costs current cut efficient head looking shoulders suddenly ways
It's not so much that bigger is better. I think what you're looking at is a company that's suddenly head and shoulders above most of the other companies. And two very efficient competitors that have already cut a lot of their own costs and are now looking at better ways of going after their current business.
commodity company
This is a commodities business, so the companies that do it best are the ones that do it more efficiently.
canada cut higher interest last less likely nervous numbers people reserve watching whether
In Canada and U.S., people are watching for (inflation) to be higher then it was last month. In the U.S. everyone is just nervous about whether we're going to see numbers higher than anticipated because that would make the (Federal Reserve Board) less likely to cut more interest rates.
days direction emotion market quite rather sure turning underlying volatile
Not surprisingly, when we have a market that's not quite sure about direction, you're going to see real volatile days like this where things are turning on emotion rather than on any underlying fundamental.
both less nervous people sentiment today
The sentiment is nervous and I think today was very negative. People were getting both more nervous and less enthusiastic about where things were going.
again flat major market move parties
Once again we have Nortel and BCE as the responsible parties for the major move in the market and everything else would probably be flat without them,
basically companies higher ignored interest small technology warning
The fast-growing small technology companies basically ignored the Fed's warning of higher interest rates.
assets expected faster job market tells
I hadn't expected BP Amoco to be really in the market for acquisitions this quickly, ... What it tells me is that they have done a faster job of consolidation of Amoco's assets and they feel very comfortable going forward.
continued fact growing hurt interest rapidly rates stocks strongly surprised tear technology today
I'm surprised that technology has continued to be on a tear so strongly today because it's the rapidly growing stocks that will in fact be hurt if interest rates are increased.
case decided investment scale strategic
It was probably a case of scale up or sell, and (Bank of Montreal) decided it did not want to make the strategic investment needed.
addition again cable communication driving sector technology
It was once again Nortel and BCE and in addition the cable companies, but again the technology and communication sector is really driving the market,
bad focused news people tech time
At the same time people are now focused on May 16 -- and is that bad news for tech stocks?