Kate Warne

Kate Warne
Kate Warne was the first female detective in the United States...
assess economy fact good market news reacting sector technology trying
It was a little choppy. It's the market trying to assess the good news we're getting out of the technology sector and, at the same time, reacting to the fact the economy is slowing.
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We finally saw a rebound. We finally saw some buying again. We didn't see any real bad news, there is no downgrade of any tech stocks so I think the market finally didn't have anything negative.
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We continue to have uncertainty because what he focused on didn't really help the market draw inferences about what next week's move is going to be. We thought today might give us a hint, instead he focused on tax cuts and other things.
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Today was -- and I expect tomorrow to be -- quiet. I think many people have already begun the Easter holiday and it would take a big surprise in something tomorrow for the market to move very strongly one way or the other.
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Fundamentally what we saw was the market picking up a little after the Fed said they were not going to do anything and the news was as expected.
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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.
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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.
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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.
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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.
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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,
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But overall, despite earnings, good news, the market is up but not as strong as you might have expected. So all of it was obviously built into the stocks already.
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It's not surprising that even though the major integrated oils are making money hand-over-foot, the market hasn't paid much attention.
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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.
associated clearly heightens market war
It just heightens war fears, and the market clearly doesn't like the uncertainty associated with that.