Ned Riley
Ned Riley
beginning demand earnings economy loan looking next people picked test
We're just beginning to see justification for the market's rise, with the earnings that have already come in. The next test comes tomorrow, with the banks. People will be looking to see if loan demand in the economy has picked up.
crude dominating minds price
I think the price of crude is still dominating the minds of investors.
april assert names people quarter tech
We're at the end of the quarter and people are consolidating a little bit. April could look better if we can see some tech names assert leadership.
computer personal stimulus technology
This would be a short-term stimulus to personal computer manufacturers, semiconductors and the whole gamut of technology companies.
question
The question is what are the real earnings.
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.
action bit bring insurance investors leaves levels others quick reflects role somebody sour stocks taken taste
We do have a little bit of a role reversal. The vulnerability is that (tech) stocks are priced at such levels that any disappointment leaves investors with a quick and sour taste in the mouth. Today's action reflects a little insurance being taken out that if somebody falters, it will bring the others down.
advocate attention cannot clearly daily discern downs money next pay people stress strong terms trends ups week weeks
A lot of people should not pay attention to the ups and downs daily because clearly they cannot discern the next week or two weeks in terms of trends in the markets. Where do you want to put your money long term, and I stress long term. We always advocate a very strong diversification.
higher issue stocks year
A lot of these stocks were much higher a year ago than they are today. Clearly, the bottom-fishing issue is important and real.
build bulls case continue continued economic growth labor market pause people plenty recovery releases skeptical strong suggesting support
There's a pause today, but the bulls still have the upper hand. The economic releases continue to support the case for strong economic growth through 2004 and a continued recovery in the labor market. Yet there are still plenty of skeptical people out there, suggesting the market could continue to build on the gains.
chaos saying
There's an old saying that out of chaos comes opportunity.
consumer continues economy investors slight start stocks tech turn
As we start the new year, we could see tech get a slight boost, but then I think investors will turn to consumer stocks as the economy continues to recover.