Michael Sheldon
Michael Sheldon
Michael Sheldonis a former Australian rules footballer who played with Essendon in the Victorian Football League...
current early gains given investors levels likely markets profit reluctant remain rest sell taking
The markets remain overbought at current levels and could see some profit taking at any time. However, market internals remain very positive, so investors are reluctant to sell much into that. Given this scenario, we are likely to see more gains through the rest of the year, and some consolidation in early 2005.
addition certainly last looked night report results technology
Pepsi's report looked pretty positive, in addition to Cisco, which is a bellwether in technology industry. Cisco's results last night were certainly a positive.
bond data decline earnings economic growth higher looking lower move oil second solid stronger
Looking into the second quarter, what could move us higher is a decline in oil prices, lower bond yields, solid economic data that is non inflationary and stronger growth on the earnings front.
bond caught finally market stock
The bond market finally caught up with the stock market.
clearly given happen jobs market numbers reflected report
Intel's numbers were clearly disappointing, as is reflected in the futures. The one thing is that you never know what will happen to the market given that the monthly jobs report comes out before the bell.
closing equity likelihood lows markets start trading weak wednesday
With equity markets closing at their lows of the day Tuesday, the likelihood is that trading may get off to weak start on Wednesday morning.
bounce broad early head heads lower markets oil optimist pessimist stage toward
The optimist would say we're in the early stage of a broad rally, the pessimist would say this is a dead-cat bounce and markets are going to head lower as oil heads toward $50 a barrel.
avoided bank came catalyst central drain investors market money period stock
When the central bank came out and said they're going to drain liquidity over a period of months, that was a catalyst for investors who have avoided the stock market to put some money back in.
airlines almost days few five groups last rally retailers seeing stealth
We're really seeing almost a stealth rally today. Some of the most beaten-down groups of the last few days -- like airlines and retailers -- are seeing gains. But it's not just them. Five out of 10 S&P 500 groups are up at least 1 percent.
almost bit factors great investors january moved normal november prophecy start time
With the Dow and Nasdaq having moved up the way they have, it's only normal to see a bit of a pullback from time to time. But you still have a lot of seasonal factors to come into play. November through January has historically been great for stocks, and I think it will be almost a self-fulfilling prophecy as investors start trickling back into the market.
certainly continuing energy fed guy hard high markets money prices putting raise rates shy
With the fed continuing to raise rates and energy prices at very high levels, its hard to see the markets making much headway, ... certainly been guy shy about putting new money to work.
consumer despite economy extremely few investors looking market months next performed resilience seem sentiment softer start stronger towards weak
When all was said and done, the market showed its resilience once again, ... The market performed well despite today's extremely weak consumer sentiment number. Investors seem to be looking over a softer economy for the next few months towards a stronger economy to start 2006.
confidence consumer decline earnings market performance reports result weak
Today's weak market performance is the result of some worse-than-expected earnings reports and a decline in the consumer confidence report.
again appears bond culprit finally higher highs likely markets minds pushed rally yields
Today, the markets once again pushed to new highs for the indices but the rally appears to have stalled. The likely culprit is that higher bond yields may finally be weighing on the minds of investors.