Profit taking cannot be ruled out, especially if oil prices head north.
More Quotes from Angus Campbell:
Inflationary fears hit the market yesterday as it failed to push beyond and sustain levels above the 10,600 level. Even the Atlanta Fed bank President admitted that the policy makers have a.Angus Campbell
With higher gasoline prices putting a dent in consumer spending and underlying inflation looking to be contained, further interest rate hikes seem unnecessary.
Angus Campbell
As oil prices continue to trade higher, this (deficit) decline could be short lived and the U.S. trade woes may get worse.
Angus Campbell
The story of the morning is GM. Their stock is trading a lot lower in Europe, indicating that they will decline by about a dollar when they open up and that has affected the futures. This news could eradicate any good coming out of the corporations reporting today.
Angus Campbell
We'll be focusing very closely on earnings today. There is concern that companies are not pulling out the earnings expected, so the real test for shares will come from company releases this week.
Angus Campbell
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And our big theme has been, you have made so much progress, we urge you on with the openings and market openings that have occurred. They clearly work and continuing on that path will produce further growth and further opportunities for the Indian people.John W. Snow
If carrots got you drunk, rabbits would be messed-up.
Mitch Hedberg
Physical pain however great ends in itself and falls away like dry husks from the mind, whilst moral discords and nervous horrors sear the soul.
Alice James