Barry Hyman Weeks Quotations

Our look for the rest of the year is we're going to rally and worry. We're going to rally and worry some more. And we're going to rally again. I think the concern or the 'worry period' that we're now entering is this cyclical issue again, after this run up in the semiconductors sector and the third-quarter prerelease season, which we're quickly coming to. And I think that's going to give the opportunity for the next run up in the marketplace, which should come somewhere over the next few weeks into the election. The good news, as you pointed out, is that the Fed's done,

I think the movement we've seen since the beginning of the year, with a few weeks up, a few weeks down, is likely to continue at least through the end of the quarter.

We've had so many weeks now of down that it's kind of hard to believe we could have an up day or an up week for the market, but the technician in me is saying this is nothing more than a technical rally.

It's important that OPEC comes to a conclusion to help with global supply but it may be too late for the summer season. High oil prices do not help the economy and it will still contribute to inflationary numbers. Oil will be a continuing story to see how the price of oil reacts over the next three weeks to these increases.

These last few days have been consolidation, off of a good employment report and almost six weeks of gains.