Short of a significant decline in oil prices, we do not foresee a likely catalyst that would spur the market significantly higher at this time. The equity market will likely remain in a transition phase, which could see the strong equity market uptrend of 2003 evolve into a slight downtrend in early 2005.
Quotes about downtrend (16 Quotes)
This is consistent with the continued downtrend in housing demand.
Manufacturing is probably in a steady downtrend, and when you get cheap imports, it is a recipe for a bit of margin contraction.
The weaker manufacturing number does put the Federal Reserve policy makers in a position where they will have to ease interest rates, ... The market is in a downtrend here. Psychology is controlling the market here. We're embracing the bad news and discounting the good news.
The modest downtrend in order growth is pointing to some moderation in the months ahead.
Every time we have about three days of downtrend, you get one or two days of positive moves in the short trend.
Under the microscope it is clear that an important watershed is approaching. The short-term downtrend is about to come into conflict with the medium-term uptrend. Typically we would side with the longer-term move but the length of the downtrend from the high is a major cautionary note.
The silicon cycle has been in a downtrend since late last year,
The inventory numbers were pretty tame so the market is continuing with its overall downtrend tend. Distillate demand should be weak. There is no cold weather out there and unless you are in North Dakota it looks like that should continue for the next two weeks.
Certainly, we're disappointed, ... These grosses indicate a continuous downtrend in the popularity of non-comedy traditional animated movies. This is a movie that plays well. It was 85 percent families. Sixty-three percent of the adults were moms.
Gold has broken a major downtrend line today at 378 on the December contract. This was the reason for today's jump.
After going through volatility in recent trade, not many investors would like to hold their positions through the three-day weekend. And when they square positions, most of them are short following Tokyo's recent downtrend,
When you see buying in that (technology) sector in a bear market, it implies that there are investors out there who see improvement around the corner, and it's usually technology and cyclical stocks that lead the market out of a downtrend, ... The bias towards Friday's data may be that the data will be consistent with the view that the economy is showing some expansion.
The market is looking better. The mentality is good. They're buying on the dips. Maybe we've finally broken out of the downtrend. It's not just the hedge funds. You're seeing mutual fund money coming in. You're seeing the individual investor start to come back in.
People are confused about the United States' stance on the dollar, ... Until there is a deliberate shift in U.S. policy, the dollar's downtrend could continue.
You should expect the downtrend in euro to resume. The Fed will still raise rates at least twice more, and the U.S. is likely to continue to outpace the euro zone in terms of growth momentum.