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Barry Hyman Quotes
«The bias for today and tomorrow should still be to the upside because of the end of the quarter when you get portfolio adjustments.»
Author: Barry Hyman
«There is also a little bit of nervousness ahead of tomorrow's employment report, which is expected to be strong. It just focuses investors on the higher interest rates that are still in the offing.»
Author: Barry Hyman
«The bias still seems to be to the upside. Buyers are optimistic and see the long-term side of the market. The downward pressure now is not that great. The money flow has just been too strong.»
Author: Barry Hyman
«For the last day of the quarter, we haven't seen the traditional portfolio adjustments. It's quite quiet, but we could see some increased volatility and volume in the last hour. But we're still ending on what I'd call a superb quarter.»
Author: Barry Hyman
«There's worry about higher interest rates. The bond market has been very weak, and we can assume the higher interest rates are signs of a rebounding economy. This gives people a feeling of comfort, but we also worry about how rates are going to go and whether it will crimp economic activity further down the road.»
Author: Barry Hyman
«The tame retail sales outlook helped the bond market. The market rewarded that with a very strong day. Financials and technology stocks righted themselves. We're on the cusp of taking out some important resistance levels.»
Author: Barry Hyman
«Trying to pick a trend in this market is impossible. Friday's action was anemic, and today there's anticipation of a stronger earnings season. Other than short-term traders, it's hard to negotiate a market that is so narrow in range. We're at least stable for now, but there hasn't been a trend for over a month.»
Author: Barry Hyman
«The price of energy should spook investors. So far, the market is foolishly accepting of the price of oil without a negative reaction as long as it doesn't break out to a new high.»
Author: Barry Hyman
«There's concern in the markets that higher oil prices may hurt the economy.»
Author: Barry Hyman
«Earnings are coming in better than expected, and they're helping the market preserve the rally, but the overriding concern to me is high energy prices and what the Fed is doing.»
Author: Barry Hyman