This is a time to be very diversified and avoid taking chances. Sometimes being a spectator is not a bad idea.
More Quotes from Barry Hyman:
Today, the catalyst in technology was the report that PC sales in the second quarter slowed. The PC sector feeds into the semiconductor sector, which feeds into other parts of technology.Barry Hyman
You would hope that the strong earnings would support the market and give it the ability to react positively. But I think the case for that has been diminished lately.
Barry Hyman
A lot of the gains are due to the earnings story. I think the market can deal with one or two more interest rate hikes and believe that the Fed is not going beyond neutral.
Barry Hyman
You have the correct sectors continuing to lead, which are technology and financials. The Michigan numbers were good today, and oil prices are down.
Barry Hyman
This is more of a short-term perspective and I don't see any commitment by institutions. But a diversified portfolio is doing well here.
Barry Hyman
The lesson here is to maintain some modicum of cautious optimism. I think the trend is so important here and it's starting to be developed, ... But in light of everything, even if the Fed does back off, the thought of a 'hard' versus 'soft landing' is still going to be out there -- which is going to prevent outrageous gains.
Barry Hyman
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Based on Topics: Chance Quotes, Idea Quotes, Time QuotesI was born first to music. But I went into acting because my father knew so much about music he intimidated me. So, I picked an art form, he knew nothing about. So I could be my own man.
Michael Moriarty
I'd go stupid collecting and counting my money.
Thelonious Monk
Create a world in which these things do or do not exist, or in which they are extended in some way. Test reality against this fiction. The reader will recognize the world that you're talking about, even though it may be another one altogether.
Theodore Sturgeon