Khuram Chaudhry
Khuram Chaudhry
airlines defensive hit interest markets quite renewed saw
The markets are still very defensive in tone. Airlines are still being hit quite sharply. But we saw some renewed interest in some of the telecommunication names.
activity although both consumer cut data finding holding housing hungary industrial interest rates sweden
We're finding that the data from the U.S. on industrial activity were pretty weak. It's so-so on the consumer although housing activity is still holding up. When you look at Europe, Sweden and Hungary both cut interest rates this week.
bit cautious continued data economy exactly greenspan hear improvement interest investors shown signs suffering until
There is a little bit of uncertainty about what exactly Mr. Greenspan will say today. Investors want to hear about interest rates. Yes, the economy has shown some signs of suffering recently, but that's countered by other data indicating continued improvement overall. Investors are cautious until they hear more from Greenspan today.
closely consumer effect factor high oil prices related results retail watching
Retail results will also be closely watched. One other factor we're watching related to oil is the effect the high prices could have on consumer spending.
bank cut england europe european good interest japan joined markets moved news rates time turnaround
Markets in Europe moved down after a turnaround in the U.S. markets. The good news was that the Bank of England cut interest rates at the same time other European bourses and the Bank of Japan joined in.
crude cyclical data economic hard help iraq lift numbers oil services showing trigger
We have to see hard numbers on economic data showing there is some lift in the manufacturing and services sectors. The other trigger is very much Iraq -- if crude oil comes off significantly that should help the cyclical stocks.
bad likely meet midst numbers quite reporting scope season
We are in the midst of the third-quarter reporting season and it's quite likely the numbers will meet expectations or be below, so there is still scope for bad news.
certainly combined comments continuing data early economic factor federal growth higher key last lead light likely market monday plus positive push regional stocks tech tend
The ISM data is key today, especially in light of last week's data on regional manufacturing activity, combined with some positive comments on economic growth by the Federal Reserve. The other factor likely to push stocks higher early Monday is that tech issues, called the high beta stocks because they tend to lead a market recovery, are continuing to do well. That's certainly a plus for the market.
appears impact likely markets positive review routine
While this appears no more than a routine reshuffle, September's review is likely the impact the markets in a positive way.
both moves sharp
We've had very sharp moves both in the U.S. and international markets,
europe lower moving seem
We could see more of the same today, Europe is still moving lower on the back of where the U.S. was and the catalysts just don't seem to be there.
bottom earnings expected major quiet reached sharp week
This week is expected to be quiet with no major earnings reports, ... reached a bottom but a sharp upturn is unlikely.
above coming data earnings line numbers
Earnings data is very strong. The numbers that are coming out are very much in line or above expectations.
likely markets seems sloppy start
It seems like the U.S. markets are likely to see a sloppy start after Friday's sessions,