41 Quotes by Angus Campbell
- Author Angus Campbell
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It looks like the market will be focused on the interest rate cycle this week and finish off with non farm payrolls on Friday, so many market participants are expecting this week to determine the direction of U.S. indices for the remainder of the year.
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It looks like the impetus to buy has dried up and certainly European bourses are feeling the pressure from yesterday's sell off in the U.S.,
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Considering that NYMEX crude rose yesterday on speculation that demand for oil will grow next year, an increase in stocks will be required to cool off what looks like the beginning of a little rally in oil prices.
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Everyone hopes the fourth-quarter earnings will give a much needed boost to a poor equity market, but if you remember last quarter, we had the best earnings season for a while, and it wasn't enough to push the Dow to new highs,
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The mining sector has been weighing on the index though it's about time they had a bit of profit taking.
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Inflationary fears hit the market yesterday as it failed to push beyond and sustain levels above the 10,600 level. Even the Atlanta Fed bank President admitted that the policy makers have a
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Cisco has provided a little relief posting better than expected results after the close and we could see a bounce today.
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Clients remain largely bearish of U.S. indices on the whole but a good start to the week by Asian and European stocks means the U.S. futures point to a positive start.
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The market did not attract the sort of bargain hunting that many expected yesterday which just shows how cautious investors are following Friday's sell off.
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