Terrence Gabriel
Terrence Gabriel
feeding report seem sentiment somewhat tech
I think the Qualcomm report may be dampening sentiment and Compaq's report is somewhat mixed. It does seem that disappointment over the Qualcomm report is feeding into the tech stocks.
case fed scenario worst
The worst case scenario is the Fed overdoes it.
growth people percent push rates whether
People feel the growth is there whether you push rates up to 6.50 percent or 6.80 percent.
happens themselves trends
The trends can play themselves out in 20 minutes. It happens all in one day.
certain investing massive momentum start stocks tendency toward
Momentum investing has become more and more in vogue. When certain stocks start to move, there's a tendency toward massive concentration.
bond couple reason strength toward yield
We have 30-year bond yield pressing toward 6.70 percent, when you couple that with the kind of strength we had yesterday, you're going to find ample reason to take profits.
business certain continue demands improve innovation maintain money pace pressure spend strong tremendous
To a certain extent, the demands on productivity are so strong and the pace of innovation is so great. There is tremendous pressure and need to spend money on the business infrastructure to continue to maintain and improve productivity.
begins closely earnings flood good interest news next rate reacting stocks watched week
Stocks are not reacting to good (earnings) news. Next week begins the real flood of what should be very closely watched reports. If the good earnings news is not able to buoy the market, it's because of interest rate concerns.
almost fact perception psychology quarters rightly shifting taking
It's almost like now the psychology is shifting to expectations that sequential quarters will in fact decline. Rightly or wrongly, that's the perception that's taking hold.
air looking prices stocks tech tremendous
We've already let tremendous air out of these tech stocks. The prices on some of these tech stocks are looking very attractive.
fed interest quite rate worried
It comes down to rate fears. The Fed is going to have to get pretty aggressive. We're quite worried about the interest rate outlook.
forward microsoft report
The Nasdaq has at least the Microsoft report to look forward to, which should be strong.
certainly facing hitting issue microsoft profit stocks taking
I think the Nasdaq was facing a lot of profit taking already. Certainly on the Nasdaq today, the Microsoft issue is hitting stocks in general.
chips demand federal half percentage rates reserve rises slow whether worldwide
There's such a worldwide demand for chips that whether the Federal Reserve rises rates (a half percentage point) isn't going to slow demand for chips.