Media Appearance: CNBC's Morning Call (07/30/07)

Monday, July 30, 2007 | 10:45 AM
in Media


This morning, I'll be on CNBC at 11:00am, discussing the market volatility last week, including sentiment issues and defensive rotation with Dylan Ratigan.

Also on the show -- Noel Lamb, CIO at Russell Investment Group will be on as well.  In addition to Dylan, we guest hosts Liz Ann Sonders and John Carey from Pioneer Investments will be grilling us.

On today's agenda:

-Our quantitative ranking system had an average group rank of the 275 industry groups we follow was 70 (out of a possible 100) -- Now, its 48. There are many more groups weakening, which suggest this is the first leg of a more significant correction.

-The 90/10 day we saw last week is a bottom signal only AFTER a long run down. Whne it comes so close to a new high, it is NOT a cathartic punctuation.

-The nominal bounce we got today is disappointing

- The Russell is now in the red 1.7%, year-to-date. The defensive rotation is well underway.

- All sectors have been broadly hit -- but in particular Banks, Energy, Reits, Real Estate, and Home Builders. The only strong SPX group has been the Internet Retailers, and that is most likely because of Amazon.

Should be fun!

Monday, July 30, 2007 | 10:45 AM | Permalink | Comments (7) | TrackBack (0) add to | digg digg this! | technorati add to technorati | email email this post



TrackBack URL for this entry:

Listed below are links to weblogs that reference Media Appearance: CNBC's Morning Call (07/30/07):


Hi Barry,
It looked like you were ready to jump all over Larry about how great buy backs are. Care to mention here what you were going to say? I never saw your face go through so many contortions that fast. ;-)


Posted by: stevie pointer | Jul 30, 2007 11:18:10 AM

The comments to this entry are closed.

Recent Posts

December 2008
Sun Mon Tue Wed Thu Fri Sat
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31      


Complete Archives List



Category Cloud

On the Nightstand

On the Nightstand

 Subscribe in a reader

Get The Big Picture!
Enter your email address:

Read our privacy policy

Essays & Effluvia

The Apprenticed Investor

Apprenticed Investor

About Me

About Me
email me

Favorite Posts

Tools and Feeds

AddThis Social Bookmark Button

Add to Google Reader or Homepage

Subscribe to The Big Picture

Powered by FeedBurner

Add to Technorati Favorites


My Wishlist

Worth Perusing

Worth Perusing

mp3s Spinning

MP3s Spinning

My Photo



Odds & Ends

Site by Moxie Design Studios™