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.
activity bring catalyst energy good holding looking mergers mixed news stock upside
Big institutions are holding back their own capital. They're looking for an upside catalyst for stock prices. Any activity on the mergers and acquisition, buy-back or dividend fronts, mixed with good news out of energy or the Fed, would be a catalyst to bring the big institutions back into 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.
certainly energy fed jobs market moves prices sideline stock
The stock market certainly got what it wanted in a lower-than-expected jobs report. If the Fed moves to the sideline and energy prices stabilize, those will be two headwinds out of the way for the stock market in 2006.
break ceos corporate good market neutral opportunity stock upwards
The stock market has an opportunity to break upwards if corporate CEOs and CFOs say some good things, or at least some neutral things, about the outlook,
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.
absent came core good higher inflation retailers sales support
Retailers came out with pretty good reports. One would think we'll see a pretty good retail sales number, and that would give support to the market, absent much higher core inflation numbers.
coming couple earnings good news next saw season sector suspect tech
Overnight, you saw good news coming out of the tech sector and we suspect they are good harbingers of things to come out of the earnings season for the next couple of weeks.
equation exchanges financial fit looking sector volume
Just as the brokerages are often a harbinger for things to come in the financial sector, the exchanges will probably fit into that equation of forward- looking financial sector indicators, and they'll revolve around the volume trends.
currently faster focused follow force great growth hand markets rates seen
Markets are now focused squarely on inflation. Will it follow the great growth we've seen and force the Fed's hand to take rates up faster than the market currently anticipates?
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.
currently faster focused follow force great growth hand markets rates seen
Markets are now focused squarely on inflation, ... Will it follow the great growth we've seen and force the Fed's hand to take rates up faster than the market currently anticipates?
far financial hearing markets
So far financial markets like what they're hearing from the chairman.
corporate economy economy-and-economics fed mean strong worried
If the economy is as strong as the Fed is worried about, that's going to mean better corporate earnings.