Ned Riley
Ned Riley
economy slowing tech
What we have now is an economy that's slowing down, ... I think we're going to see some cyclicality to tech earnings.
based commentary decent earnings future holding huge investors january meeting rally reporting reports weeks
The rally in the first two weeks of January was based on expectations that we would have a decent reporting period. Largely, that's been true, with many earnings reports meeting or topping estimates. But unfortunately, the commentary about the future has been a huge downer. That's one of the things holding investors back now.
announce companies economic either growth linked revenue slowing start strategy strongly
I also feel very strongly that Procter & Gamble's strategy is not going to be linked only to Procter & Gamble, ... We will see other Dow-type companies that either have some economic sensitivity or a slowing of revenue growth start to announce restructurings.
certain iraqi june markets meeting stronger
I actually think that the markets will be stronger going into the FOMC meeting June 30 and the handoff to the Iraqi council, only because these things are certain now,
amount floor full investors point stock truly until unusual
Until we get to that point where investors truly feel that there is no floor to stock prices, that isn't the full capitulation. There's still an unusual amount of optimism.
attracting bargain catalyst cessation depressed problems rally selling stocks suggest tax truly whether
Whether the catalyst was the cessation of tax selling or just a rally from a truly depressed area, the Nasdaq is attracting some bargain hunting. I would suggest stocks were over discounting shorter-term problems that have already been announced.
activity corporate economy few next unless
We're going to see more of the same for the next few weeks, unless something comes in that indicates a pick-up in activity in the economy or on the corporate level,
becoming commentary direct fed feeding interest last less low market negative neutral people talking
We're going to have more people talking about the Fed becoming less aggressive, which will be neutral or negative for the market because the market has been feeding off low interest rates. I don't think the Fed commentary is going to be as predictable and direct as the last meeting.
concern couple declare economy gearing hot months optimistic phase together
The only concern I do have is I'd like to see a couple more months (of data) put together here before we declare this torrid, hot economy as into another phase of gearing down. I'm not as optimistic yet that we have slowed everything.
areas certain giving great seem
There are certain areas that seem to be giving a little better story, not a great story, but stabilization.
avoiding gossip looking
We're back to looking at the fundamentals and, at least temporarily, avoiding gossip and rumors.
bear breed investors types
Unfortunately, ... we've got two types of investors right now in this market. We have got this new investor, the new breed that's brash, bold, aggressive, and very short-term oriented, who has not been through a real bear market.
analyze companies guilty market proven taken until
Unfortunately, the market has taken a 'shoot now, analyze later' attitude. These companies are guilty until proven innocent, and they need to come up with confessions or disclosures that prove there's nothing questionable.
category damage elevated katrina people
Unfortunately, people feel very passionately that with Rita, we may see the same kind of damage and destruction that Katrina brought, particularly with it now elevated to a category 5.