Barry Hyman Catalyst Quotations

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.

The market is waiting to see the earnings because that is your first catalyst in the market that can possibly dispel the slower-than-expected growth that the market is anticipating. The market is very split today. People are just looking for reasons to own some things and reasons to sell others.

The market has got to find a catalyst. The only catalyst out there is earnings.

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.

We weathered a near-term storm of the recent tech earnings well. The market has a lot of consolidating to do, and there isn't a catalyst for serious upside at the moment. Only quality earnings amongst all sectors will help us.

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.

The catalyst here is going to be patience. We're in a bear market.