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There's this little bit of rethinking and so, we're looking at a softer opening as some questions arise to the prospects of future growth impacting earnings.
Found on Reuters 5 years ago
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Obviously, it's about oil prices, the market is probably going to have an upward bias for most of the session as investors await the ECB( decision) tomorrow.
Found on Reuters 5 years ago
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The market is probably going to have an upward bias for most of the session as investors await the ECB( decision) tomorrow.
Found on Reuters 5 years ago
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Today's market is going to be all about oil and economic data, there's a good possibility that we could close the week on a high note.
Found on Reuters 5 years ago
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Oil continues to be the main driver of the markets. It's the fear factor of oil continuing to move lower and its impact on oil debt around the world, the market will probably be led by short covering.
Found on Reuters 5 years ago
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The market is likely to take its cue today again from oil prices, lower oil prices are a sign of weak global economic activity. And that's why we have this correlation between oil and other markets.
Found on Reuters 5 years ago
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The focus remains on oil and the impact of low oil prices, which points to slowing growth and possibly, even stagnant to negative growth here in the United States.
Found on Reuters 5 years ago
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I don't think that the rest of the market is headed for a bear market, but certainly there's a bear grip that could take us down another 3-4 percent in the S&P 500.
Found on Reuters 5 years ago
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We managed to successfully close above it( on Monday) and that's bringing in some buying this morning, just from a very oversold condition.
Found on Reuters 5 years ago
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The market is still very much in gripped by the plunge in oil prices and this morning we're seeing a slightly little better tone to oil prices.
Found on Reuters 5 years ago
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What we might see here, besides the fact that oil prices are steadier this morning, is bargain hunting, which could come in the form of window dressing.
Found on Reuters 5 years ago
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It's the( Fed) communiqué that's going to count, but the real problem here is the junk bond market, which is tied to oil prices, a lot of paper written to oil companies are in question, and so it ties in with the price of oil.
Found on Reuters 5 years ago
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A lot of paper written to oil companies are in question, and so it ties in with the price of oil.
Found on Reuters 5 years ago
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I suspect we could be in for a nice rally in spite of the fact the Fed is likely to raise interest rates next week.
Found on Reuters 5 years ago
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At this moment, a rate hike is a foregone conclusion and if Atlanta Fed misses the opportunity to raise again next week, Atlanta Fed will reintroduce uncertainties in the market.
Found on Reuters 5 years ago
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At this moment, a rate hike is a foregone conclusion and if the Fed misses the opportunity to raise again next week, it will reintroduce uncertainties in the market.
Found on Reuters 5 years ago
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I expect some sideways action today with low volume, with traders focused on Black Friday sales ahead of next week's busy economic calendar.
Found on Reuters 5 years ago
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A strong jobs report will probably seal a December rate hike.
Found on Reuters 5 years ago
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There are a lot of concerns that a weakening global economy may be impacting the U.S., so that certainly doesn't bode well for earnings, it's going to be a market where we're going to see more and more volatility and major support levels being tested.
Found on Reuters 6 years ago
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It's going to be a market where we're going to see more and more volatility and major support levels being tested.
Found on Reuters 6 years ago
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We are looking at a pullback right now. The news of the yuan raises suspicion regarding the economic growth outlook for China, that's taking its toll on the markets.
Found on Reuters 6 years ago
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The U.S. market is a little bit over valued and is looking to correct, the fall we saw last week was the market looking for every little reason to correct.
Found on Reuters 6 years ago
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As long as the Fed raises rates because there is economic expansion and not because of inflation, it is a positive for equities because that means corporations can continue to grow earnings.
Found on Reuters 6 years ago
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The ECB's announcement to front-load its asset buying program certainly sparked the European markets and that's spilling over into the U.S. markets.
Found on Reuters 6 years ago
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The bond sell-off is knocking the wind out of equities, with bond yields moving up, this could be the catalyst for the market to correct.
Found on Reuters 6 years ago
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Biotechs and tech were leaders and now they've reversed, earnings don't really support the valuations at this time, and I think the market needs to correct a bit. As we go into May I would say the best prescription would be to sell in May and go away.
Found on Reuters 6 years ago
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We actually had some better economic news out of the euro zone, obviously it all came from the strength in Germany, but nevertheless it was better.
Found on Reuters 6 years ago
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The big factor in the market is that hopes are building that we are probably looking at some agreement between the euro group and Greece, possibly as early as Monday.
Found on Reuters 6 years ago
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Jobless claims they were about in line, maybe a little weaker than expected but the jobs market still points to jobs growth.
Found on Reuters 6 years ago
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Oversold, it was just a matter of time before we see stabilizing prices take hold there.
Found on Reuters 6 years ago
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I do think they will take in consideration slow global economic activity and perhaps mention the threat of deflation in Europe, if there isn't a change in language, that would be the surprise.
Found on Reuters 6 years ago
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If there isn't a change in language, that would be the surprise.
Found on Reuters 6 years ago
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