Barry Hyman Quotes

You do have some impetus today but there's little conviction and little volume... I didn't see any specific reason behind the rally - people may be just trying to outguess the outcome (of the Fed meeting).

- Barry Hyman

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Impetus | Today | Conviction | Volume | Specific |

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We've been stuck in an extremely narrow band for the last few weeks, and this could break us out. - Barry Hyman

I don't think there's anything that will deter the Fed from lowering interest rates in August. I think the story is going to be the continuing belief that there is a mixed story on Wall Street that has been brought out, in terms of technology. The visibility story is changing somewhat to the 'we see the bottom in sight' scenario. - Barry Hyman

The next three percent move for the S&P could be up, and that would take us to important resistance levels. The question is what is the bias beyond that, what is the next five percent for the market? That's not clear. - Barry Hyman