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Letter "B" » Barry Hyman Quotes
«You had a tremendous amount of fear on the opening. There's so much negative pessimism out there and the fear gets thicker by the hour. Nothing has changed, though. The market was skewed by IBM today, but the market is bigger than any one individual stock and you still have to pick and choose your sectors.»
«It has turned itself into a more rational market -- earnings are important and top line growth is important. Stocks have to prove themselves and many of them are not passing muster. There's no need to be a hero and step in front of earnings.»
«It's not the Fed; It's all Oracle and it's taken the sector with it.»
«The market is going to continue to be buffeted by this political story that doesn't go away. If we can get past that, hopefully the market will react positively to the end of a process.»
«Today is a momentum player's dream. The market has a lot to deal with and today could have been worse.»
«Today (Wednesday), the market is just hanging in there. You're getting some good positive movement amid the lack of any negative news.»
«It's going to have to be the third-quarter earnings to save the market.»
«The market is waiting to see the earnings because that is your first catalyst in the market that can possibly dispel the slower-than-expected growth that the market is anticipating. The market is very split today. People are just looking for reasons to own some things and reasons to sell others.»
«For the broader market, I don't think it matters which (candidate) gets in. Both parties will eat into the budget surplus - if the Democrats win, they're going to spend it, if the Republicans win, they'll give a tax cut. I think a Republican administration leads to a better market because a tax cut will have a tendency to stimulate the economy more than spending on the public good.»
«I think what you're looking at is a change in investor sentiment.»