29 Quotes by David Buik

It was amazing how much resilience was shown by the U.S. markets after the power cut debacle on Thursday. These markets seem hell-bent on holding their line and investors and analysts alike seem confident that the U.S. economy is coming back on to the bit with a vengeance.

ITV posted a good set of numbers despite lower revenues from advertising. 300 million pounds is going back to shareholders, there will be a new channel and the pension deficit has been halved.

The U.S. equity futures market looks in good order and maybe this could be a session where some much needed progress can be made. The key economic data of the week is posted today.

Inflation is still a threat, and gold and silver is a great hedge against it and industrial demand from China and India is still strong.

Inflation and interest rates are all the rage.

The (European) markets on Wednesday are buoyed by some fantastically good figures from SAP, which have come on the back of things improving in New York and then that was followed through this morning by some very good (technology) performances in Tokyo.

The Chicago PMI data and consumer confidence numbers are important, but pale into insignificance against Friday's non-farm payrolls and the rest of the employment data.

The futures indicate a lower start with profit takers and scalpers to the fore.

The market is tired. I think we've had a terrific week -- not so much in gains, but more in being able to maintain the 6,000 threshold.