Michael Sheldon
Michael Sheldon
Michael Sheldonis a former Australian rules footballer who played with Essendon in the Victorian Football League...
acting basically bit five today weeks
The market's acting a bit better today after basically five weeks of selling, particularly in tech.
arm beat bell certainly estimates guidance major positive raised reported shot stocks tech three yesterday
All three major tech stocks that reported after the bell yesterday beat estimates and raised guidance, and were certainly a positive shot in the arm for tech investors.
data difficult economic market next several weeks
The economic data over the next several weeks are going to be difficult to interpret, and it'll be interesting to see how the market reacts,
earnings fear few focus higher interest last looks next outweigh rates weeks
I think the last few weeks have probably been frustrating for investors. Earnings have been very positive, but the focus has been on interest rates. Over the next few sessions, it looks like the fear of higher interest rates will probably outweigh the earnings.
below likely number
I think the number is likely to be below the median estimate.
adds brought declining fact forefront global greenspan issue pressure trade
I think the fact that Greenspan brought the issue of a declining dollar, global trade imbalances and protectionism to the forefront adds to the pressure today.
build buyers coming further higher market next push several start
If we can build on Tuesday's significant . . . turnaround, you could see buyers start coming back into the market and you could see a further push higher over the next several days.
build buyers coming further higher market next push several start
If we can build on Tuesday's significant intraday turnaround, you could see buyers start coming back into the market and you could see a further push higher over the next several days.
following looks market news rough tech
Following the disappointing tech news after the close, it looks like the market could be in for rough sledding at the open.
create further oil prices retreat rise treasury yields
A further rise in oil prices and a retreat in Treasury yields could also create more headwinds for the market,
anxiety august caused early fall investors late produced
The fall has traditionally caused anxiety for investors and produced some big declines, particularly in late August and early September.
bit certainly gm impact microsoft news
The Dow is up and GM is certainly having an impact on that, (while) the Microsoft news is a bit of a psychological damper.
companies given hard industrial past reports seen several strong technology
Given the strong reports we've seen from many technology and industrial companies over the past several days, it's hard to make too much sense of today's GDP report.
again blame continues culprit deficit energy faster growing imports main overall petroleum rose trade
You can't blame it all on energy because the trade deficit excluding petroleum rose faster than the overall deficit. The main culprit once again continues to be that imports are growing faster than exports.