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.
More Quotes from Angus Campbell:
Considering that NYMEX crude rose yesterday on speculation that demand for oil will grow next year, an increase in stocks will be required to cool off what looks like the beginning of a little rally in oil prices,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
Even though the market has fully priced in today's expected 25 basis point rise, investors will be listening out for any hints about the future path of their tightening policy,
Angus Campbell
The sooner U.S. investors can see the end of this current interest rate cycle the better.
Angus Campbell
The market's attempt to trade through 10,490 twice on Monday has given sellers a good opportunity to dominate the last couple sessions as the Dow is clearly struggling at this top end of its current trading range,
Angus Campbell
Now market participants are saying that investors should expect range bound trading to continue into next week when the Fed makes its interest rate decision.
Angus Campbell
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