200 Total Quotes

Barry Hyman Quotes

The market has some power today. Continued lower energy prices and the belief that the economy is rebounding off a poor fourth quarter are assumed to be behind the move today.
Barry Hyman Permalink
#Belief

You do have some impetus today but there's little conviction and little volume. I didn't see any specific reason behind the rally - people may be just trying to outguess the outcome (of the Fed meeting).
Barry Hyman Permalink
#Conviction

You do have some impetus today but there's little conviction and little volume, ... I didn't see any specific reason behind the rally - people may be just trying to outguess the outcome (of the Fed meeting).
Barry Hyman Permalink
#Conviction

We're seeing pre-releases starting in 'old economy' stocks - companies that are not leading-edge tech companies but are more affected by this dramatic rise in energy prices.
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#Economy

I don't think the Fed looks at the equity market and makes decisions off the equity markets, but the equity markets are absolutely a reflection of wealth and consumer confidence, ... That is what the equity markets mean in relation to other economic scenarios and that is where (the Fed's) interest is.
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#Decisions

I don't think the Fed looks at the equity market and makes decisions off the equity markets, but the equity markets are absolutely a reflection of wealth and consumer confidence. That is what the equity markets mean in relation to other economic scenarios and that is where (the Fed's) interest is.
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#Decisions

There's a little nervousness in the air regarding heightened geopolitical news. The rhetoric from Iran is not helping.
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#News

I think there's apathy in the market. The cruel reality is that earnings do matter and, in the absence of any new catalyst, you're going to get days like this.
Barry Hyman Permalink
#Absence

Without having that constant barrage of negative news, there is the opportunity for the market to exhibit some strength.
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#News

The market is still looking on the tech sector in general as one of the sectors that has not been damaged by the hurricane. It's one of the sectors that has continued to perform well in the face in the face of adversity.
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#General

This is more of a short-term perspective and I don't see any commitment by institutions. But a diversified portfolio is doing well here.
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#Commitment

I think we are just mired in interest-rate concerns until we get some clarity on rates.
Barry Hyman Permalink
#Clarity

The reaction [to the Fed minutes] was very emotional, and it is still undecided whether 5% is the end. We look at gold and commodities. These are inflation indicators.
Barry Hyman Permalink
#Emotions

You're going to create a great telecom company, ... I think this is a good opportunity to buy US West.
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#Company

For some reason, today we're painting the whole picture with a broad brush and a few profit warnings are really damaging that landscape for the companies that are good (performers).
Barry Hyman Permalink
#Painting

I think there was some bargain hunting coming in on the back of good news.
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#Hunting

Next week's retail sales numbers and inflation numbers are going to be some key statistics to give us a little bit more input into where the Fed stands.
Barry Hyman Permalink
#Inflation

The psychology is just not there for the economy to make any substantial move until we get through the Fed meeting. There's really no selling pressure, it's just tremendous volatility.
Barry Hyman Permalink
#Economy

Since the perception is that the market's going to rally tomorrow, why not buy today.
Barry Hyman Permalink
#Perception

People look for the summer rally, and people have always complained - well, what happened to the summer rally - not understanding that the summer rally started the day after Memorial Day. So we really have had a very good summer rally. In the Nasdaq, it went up almost 40 percent off of the bottom. The Dow went up around 12 percent off the bottom. The S&P similarly. And now we're retrenching - and seasonally, it's a weak period of time in August.
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#People

When you look at who may win, Democrats or Republicans, I think it makes the case of stock selection and sector selection a little bit more important. You can see the weakness last week when the statistics came back and the polls for Al Gore, what happened to the drug stocks. They came right down because of his Medicare proposal possibly, and Democrats are usually going after drug stocks.
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#Democrats

The market has quickly forgotten yesterday's good commentary from Mr. Greenspan and has focused on a quality-of-earnings issue. It's almost like investors are looking for a reason to sell.
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#Quality

Today, the catalyst in technology was the report that PC sales in the second quarter slowed. The PC sector feeds into the semiconductor sector, which feeds into other parts of technology.
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#Sales

We've accepted the fact that the earnings growth for the quarter is around 20, 21 percent year-over-year for the S&P. But there's been this behind the scenes look or under the surface look at revenue. And we haven't got the best of forecasts for the second half of the year in many companies going forward. And if you don't have that pristine look -- where you come in this earnings season totally clean -- you've gotten battered. And I can't even name more than a handful of stocks that have come through.
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#Growth

It's the companies that came through the quarter without any problems that are the ones reacting well and they're not as cyclical as some of the others.
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#Problems

Retail sales numbers were stronger than expected, and that shows that consumer are still spending, and I think that is weighing on the market today and it should. But it's not weighing on the Nasdaq, where you're seeing those really good earnings reports. People really regard tech as the place to make money.
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#Sales

I think next week has another opportunity to be another good week.
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#Opportunity

What you are seeing is the likelihood that interest rates will not go higher next week, making it easier to give these big cap growth stocks high valuations.
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#Interest

The economy is already slowing down without the impact of that 50 basis point hike last month, and I think what you have to look at here is the ending of the interest rate cycle. The growth stocks are technology stocks. And at this time it's a very seasonal thing as well. We are coming to the end of the quarter, so you are going to just get the great stock into the portfolios and sell the weak ones.
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#Economy

I think we're looking at nothing but good news on the earnings front. It will be more critical to see what guidance these companies give us toward the next six months to one year. Today's action is a little too premature to say how the markets will react to earnings.
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#News