Michael Sheldon
Michael Sheldon
Michael Sheldonis a former Australian rules footballer who played with Essendon in the Victorian Football League...
against behind china fears losses oil policy primary reasons rising triple
The primary reasons behind the back-to-back triple digit losses for the Dow are fears of a U.S. policy of protectionism against China and rising oil prices.
earnings far favorable gotten intel lead likely market needed news opening positive season
So far the earnings season has gotten off to an underwhelming start. I think the positive news from Intel is just what the market needed and is likely to lead to a favorable opening on Wednesday.
february month stock
February has historically been a lackluster month for the stock market.
among coal dose heavy including industry oil percent report results sensitive several steel
Just under 30 percent of the S&P 500 report results this week. Among the different industry groups, we'll get a heavy dose of economically sensitive names, including several from the oil and gas, rail, coal and steel industries.
earnings increased investor major oil rise season seeing worry
There's a major rise in oil prices, increased investor worry about the upcoming earnings season and you're also seeing some profit-taking after the market's six-week run-up.
footing market poor start trying
The market is trying to find its footing here, amid what has been a poor start to the year.
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.
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.
broader hurt news numbers payroll
Intel's news is going to hurt techs tomorrow, ... I think if the payroll numbers are disappointing, too, you're going to see a broader sell-off.
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.
catalyst continue decline difficult hopefully market mid move needs oil order positive prices sentiment turn wall
Right now, I think the market needs a catalyst in order to get out of this difficult environment. Hopefully if oil prices continue to decline and move back into the mid $50s, that could turn sentiment more positive on Wall Street.
improved last market tone week
The market tone has improved over the last week or so,
comments deflation fed higher implies less sets stage worried
If you take all those comments together, it implies the Fed is less worried about deflation and more about inflation, all of which sets the stage for higher rates.