Michael Sheldon
Michael Sheldon
Michael Sheldonis a former Australian rules footballer who played with Essendon in the Victorian Football League...
corporate economy likely positive profits though
At the moment, I'm cautiously positive about the market, recognizing though that as we go through the year, the economy and corporate profits are likely to slow.
consumer despite economy extremely few investors looking market months next performed resilience seem sentiment softer start stronger towards weak
When all was said and done, the market showed its resilience once again, ... The market performed well despite today's extremely weak consumer sentiment number. Investors seem to be looking over a softer economy for the next few months towards a stronger economy to start 2006.
commodity economy fact further inflation labor pause positive pressure remains signs suggest
If we see signs that the economy is in fact slowing, and inflation remains contained, then the pause is a positive for stocks. But if we see tightness in the labor market, pressure in commodity markets, that could suggest we will see further hikes.
case economy energy few include interest issues likely markets next prices remain resolve several start strength until
That's likely to remain the case until we start to resolve a few of the issues overhanging the markets include interest rates, energy prices and the strength of the economy over the next several months.
closing equity likelihood lows markets start trading weak wednesday
With equity markets closing at their lows of the day Tuesday, the likelihood is that trading may get off to weak start on Wednesday morning.
dominate lead oil prices trading weakness
As the day progresses, oil prices have started to dominate trading and lead to weakness in the market.
again blame continues culprit deficit energy faster growing imports main overall petroleum rose trade
You can't blame it all on energy because the trade deficit excluding petroleum rose faster than the overall deficit. The main culprit once again continues to be that imports are growing faster than exports.
bounce broad early head heads lower markets oil optimist pessimist stage toward
The optimist would say we're in the early stage of a broad rally, the pessimist would say this is a dead-cat bounce and markets are going to head lower as oil heads toward $50 a barrel.
continue correction data few march move next period starts stocks
My sense is we continue to see this correction over the next few weeks, but I think once we get through this period and some of the March data starts to come out, stocks will move higher.
core energy feed higher increase logical major prices rise seems seen sharp start
So far, we haven't seen a major increase in core inflation, all we've seen is a sharp rise in energy prices. It seems logical that higher energy prices should start to feed through to higher inflation.
earnings far favorable gotten intel lead likely market needed news opening positive season
So far the earnings season has gotten off to an underwhelming start. I think the positive news from Intel is just what the market needed and is likely to lead to a favorable opening on Wednesday.
earnings far favorable gotten intel lead likely market needed news opening positive season
So far the earnings season has gotten off to an underwhelming start, ... I think the positive news from Intel is just what the market needed and is likely to lead to a favorable opening on Wednesday.
catalyst continue decline difficult hopefully market mid move needs oil order positive prices sentiment turn wall
Right now, I think the market needs a catalyst in order to get out of this difficult environment. Hopefully if oil prices continue to decline and move back into the mid $50s, that could turn sentiment more positive on Wall Street.
auto came data eight eye far footing gains gotten investors keeping line looking looks market positive seeing stock
Looks like the stock market has gotten off on positive footing after yesterday's broad-based decline. We're seeing gains in eight of 10 S&P sectors. The data that came out so far was pretty much in line with expectations. Looking ahead, investors will be keeping an eye on auto sales.