Ned Riley
Ned Riley
enron hearings help
The Enron hearings aren't going to help a lot.
companies reason results simple weeks
The hesitancy is still there for the simple reason that companies have another two weeks of warnings before results are actually announced.
buying instead rally selling toward
The inclination is toward selling the rally instead of buying on the dips.
best biggest companies correction creep market name occurs starts trend
The differentiation between the biggest and the best companies with the most name recognition is a development that usually occurs during a market correction and when uncertainty starts to creep it, ... This trend will continue.
breath calmed claims declined holding labor people report saw shares sold tomorrow yesterday
The unemployment claims declined a little, so that calmed some nerves. We saw some short-covering (buying of shares sold short) yesterday (Wednesday) and we may see more of that today, but I think people are holding their breath a little for the labor report tomorrow (Friday).
according gone
This is one (year) that's gone according to the script.
cut market rate
This has probably been the most-telegraphed rate cut of all time. The market had already anticipated this. Now they are asking: How much more can I get?
focus hoping market neutrality point week
The focus point of the market this week is going to be tomorrow. If anything, I'm hoping for neutrality out of the Fed.
downward extremely looking market reaction though
The market's reaction has been pretty benign. But I think the market is looking at this as more constructive than destructive. I think the market has absorbed this extremely well even though there is a downward bias.
credit market surprises
The market may be more conditioned to take surprises than we give it credit for.
declaring drawn enthusiasm last longer markets people premature pressure realizing rushed selling shorts victory war week
The markets got a little premature declaring victory last week and the shorts rushed in to cover. Now enthusiasm has dissipated and the selling pressure is on. People are realizing that the war is going to be longer and more drawn out than anticipated.
celebrated next report
The May payrolls report will be the celebrated one next week, and there may be some controversy around it.
behaving given market rally since
The market is just behaving very nicely. We have given up very little of the rally since March.
considered decision fed katrina legacy living market number people raise yesterday
The market is also still living with the legacy of the Fed's decision yesterday to raise rates, ... There are a number of people who feel the Fed should have paused, and should have considered the ramifications of Katrina and Rita.