The retail sales numbers we saw should have presumed a rally but we had some selling in Hewlett-Packard and NBC Internet. During the day, people started to realize that retail sales were good news.
More Quotes from Barry Hyman:
I believe that the future of McDonald's is going to be their international growth. Let's not forget what President Bush is trying to do in Russia. Russia eventually is going to have to be our friend versus all this nonsense terrorism that's going on in the world, ... So, does the overseas market concern me It doesn't because they are looking to marginalize that growth of 1-to-2 percent and diversify at the same time. I think the bad things are behind it and I like the stock.Barry Hyman
Energy prices, which were lower, have turned up. I think we quickly came to the reality that a less-than-expected outcome from Hurricane Rita doesn't take away from the worse-than-expected outcome from Katrina.
Barry Hyman
It's going to be another confidence building story the closer we get to the Fed meeting, ... I believe that the unemployment rate and the NAPM numbers will be the key numbers.
Barry Hyman
Even though it's a tough environment for travel related stocks, the catalyst for American Express is going to be the ruling against Visa and MasterCard. It's a very significant positive.
Barry Hyman
The situation is very tenuous on the equipment side and any slowdown in demand in the equipment side of the equation, when you are priced to perfection, means these companies are still very expensive,
Barry Hyman
The markets do not like global crises, whether they're political or economic. They do have ramifications in the world. Our export market may be hurt somewhat due to that.
Barry Hyman
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