John Augustine
John Augustine
downward driving earnings issues pressure stay stock testing top
Earnings are driving the testing of the top end for the S&P 500, but geopolitical issues are here to stay for some time. That will put downward pressure on the stock market.
labor market memorial sell stock until
This may be one of those years in the stock market where you'll want to sell on Memorial Day and go away until Labor Day.
absence both concerns crude disturb economic expect fears growth holding likely markets oil range stay stock supply year
There are fears that any supply disruptions could disturb oil markets and such concerns are holding back both economic growth and stock prices. In the absence of any such disruptions, we expect that crude will stay in the $50-$70 range this year and will likely always be on investors' minds.
afternoon bound damage feared happens investors likely might pressure rally seems selling stocks storm strong
It seems the storm is not going to be as strong as we feared and that was enough to take some of the selling pressure off stocks today. We are not likely to see real stock-buying this afternoon as most investors still want to see what happens with the storm during the weekend, but if damage is minimal, we might be bound for a rally on Monday.
far financial hearing markets
So far financial markets like what they're hearing from the chairman.
banking cyclical funding industry interest level literally markets news positively pressure raising reacting seems starting taking
The markets are reacting very positively to the news out of Japan. They're literally starting at the funding level to the banking industry before they start raising interest rates. This seems to be taking some pressure off the cyclical sectors around the world.