336 Quotes by Barry Hyman
- Author Barry Hyman
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After last week's great run, the market is directionless. We're somewhat hostage until we get more proof that the economy is slowing.
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- Author Barry Hyman
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After last week's great run, the market is directionless, ... We're somewhat hostage until we get more proof that the economy is slowing.
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Any conglomerate is going to come under question.
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Anybody who has all their money in one sector is making a big mistake,
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A rebound in energy (prices) could be one of the excuses for a mid-December trading peak (in stocks).
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Anything that shows the economy is slowing will be taken very well by the market. But the Fed is still out there and I don't think we should get used to the (idea) the Fed going to stop (raising rates) in June.
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Anything goes this week. You had a great week last week and it shows there were buyers willing to come in just on the thought of stabilization.
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A worse-than-expected number tomorrow will discount what happened this week. If we get an inflationary number, the market will go down, but I think it all clears up by mid-June.
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As long as we continue to see good earnings and the reaction to good earnings positive, then you will see Nasdaq as the sector of choice. The Dow is being weighted by this conflicting (economic) story -- stronger consumer spending and OK-looking inflation numbers. But the tech (sector) is merrily rolling along.
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