Kate Warne
Kate Warne
Kate Warne was the first female detective in the United States...
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,
energy fell oil prices sector
Oil prices fell significantly so all the energy sector was down, you see all of the financials are down, the high-tech flyers down.
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.
deciding good held people saw sector today
What we saw today was people deciding that the non-technology sector really held some good values,
buyers carry clearly earnings happening nervous people sector stepping technology
I think it's just carry over from yesterday. People are still very nervous about what's happening in the technology sector with earnings warnings. There's clearly some buyers stepping in today.
again bad believe buy coming concerned conflict economy expected hard landing low news people sector seeing slowing tech today values within
I expected today was going to be pretty choppy, ... We were again seeing a real conflict within the tech sector between people who believe values are low enough to buy and people still concerned about (possible) announcements of slowing growth, that the economy was coming in for a hard landing and nothing but bad news would be coming out.
concerned drop growth market sector seeing seem stocks technology
The market is concerned about the slowdown in growth in the technology sector so we're seeing all the tech stocks drop pretty significantly today, ... But there doesn't seem to be something that triggered this today.
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.