Barry Hyman Week Quotations

I think the week was excellent. The Fed, even though the reaction was delayed, reinvigorated the psychology of the market. It's reinforcing the belief that these interest rate cuts will be the medicine for the economy.

I think the market had a decent week but without any fundamental backing, the rally doesn't really have tremendous upside.

I think you walk away this week feeling much more secure than you began the week.

The story (this) week is: Does it hold it or will it break it.

There's going to be this flip-flop next week and continually until we get through earnings season, going from earnings to worrying about the economic slowdown and what inflation brings so I think next week is going to be marked by that. We're getting to the point where the market needs good earnings. It needs to have a catalyst to get the growth sector moving again.

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

I think next week it will be important to see two things: solid numbers out of growth companies and seeing still a steady stream of economic numbers showing the required slowing of the economy with no inflation.

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.

The Nasdaq broke its support levels last week because of IBM, Cisco, and Computer Associates. The S&P was weighed down by its tech exposure. Another key story next week is whether the Dow follows the rest of the market or can it continue to hold in the gains.

A lot of money left the sector last week over concerns that valuations were just too high. But there's still a lot of interest in technology.

It's a transition market. I think (last week) indicated the willingness to look forward at the upside of the story. There isn't a lone voice expressing positive attitudes toward technology but this week indicated the ability of the market to look forward.

It is quite astounding. One week revenue-based companies are forbidden (psychologically) from investors' minds and one week later, as interest rate (fears) return, technology (stock) is the place to be because they are less affected.

How the market interprets some of the earnings next week will be the broader focus,

The market rally this week supported a growing opinion that January 31 will be the last interest rate hike.