Kate Warne
Kate Warne
Kate Warne was the first female detective in the United States...
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.
stocks worried
Everybody's worried that the stocks that have done so well have really overshot,
high quality smaller stocks technology
Any nervousness about Cisco translates into Nortel and all other high quality technology stocks and into some of the smaller riskier ones as well.
people putting stocks technology
So now we're getting not only the sell-off in technology but the sell-off in all the interest-sensitive stocks and every place else that people have been putting money.
both decided everybody groups investing leaving needed overall push saw station stocks strong styles therefore trains
Right now we have two trains leaving the station and everybody decided that they needed to be on one or both ... therefore we saw very different investing styles push very different groups of stocks up and overall we have a very, very strong day as a result,
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.
across group industries normally odd stocks
It's an odd group of stocks that are down today...it's more across different industries than it normally is,
both dynamite earnings stocks
It's the same old story. It's Nortel and BCE. Dynamite earnings out of both of those and the stocks just roared ahead. And so went the market.
basically general good main reason saw stocks tech
It was basically not a good day for the tech stocks in general and that's the main reason why we saw the 144-point drop.
asia continuing generally good industry kinds mergers metals news prices push resources seeing stocks
Also the good news out of Asia is continuing to push other resources stocks higher, metals prices are rising, we're seeing more mergers in the resource industry and all of those kinds of things are generally good news for those stocks and companies.
basically buying canada good growth inflation interest mean news overall people rates remains saying sentiment series stocks today
Clearly, the people who are buying growth stocks are saying the good news from a series of interest rates in the U.S. and Canada will mean inflation remains under control. The overall sentiment today was basically optimistic.
built despite good market might obviously stocks strong
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.
built confidence held higher maybe optimistic seen spirits stocks thinking today
Today the optimistic spirits prevailed and confidence just built as stocks held their higher levels, ... Everybody's now thinking maybe we've seen the bottom.
bad buying finally market saw stocks tech
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.