Michael Sheldon
Michael Sheldon
Michael Sheldonis a former Australian rules footballer who played with Essendon in the Victorian Football League...
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 increased investor major oil rise season seeing worry
There's a major rise in oil prices, increased investor worry about the upcoming earnings season and you're also seeing some profit-taking after the market's six-week run-up.
above consumer data despite eat economic events fairly job lukewarm oil prices remained rises rising slow spending starts terrorist
Despite terrorist events around the world, rising oil prices and a lukewarm job market, consumer spending has remained fairly strong, much better than many would have thought. But if the economic data starts to slow and oil rises above $60 a barrel, that could eat into consumer spending.
create further oil prices retreat rise treasury yields
A further rise in oil prices and a retreat in Treasury yields could also create more headwinds for the market,
bother continues faster greenspan impress rates rise stress
If Greenspan is more hawkish, implying that rates will rise faster than thought, that may bother investors, ... If Greenspan continues to stress that rates can rise at a 'measured' pace, that may impress the market.
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.
earnings exceeded fourth generally met number previous quarter quarters reports seen solid strength
Earnings for the fourth quarter have generally met or exceeded expectations. We've seen solid reports from a number of different industries, with strength not just in energy, as in previous quarters in 2005.
corporate despite earnings february investors month near positive prepared sideways stock trading
February has historically been a lackluster month for the stock market. Despite many positive corporate earnings reports, investors should be prepared for some choppy or sideways trading over the near term.
february month stock
February has historically been a lackluster month for the stock market.
factors few improved last market plus sentiment technical trends
The technical trends of the market and the sentiment has improved over the last few weeks, plus there are seasonal factors working in the market's favor.
high line numbers raise texas
Texas Instruments' numbers were broadly in line with estimates, but there may have been some disappointment that they didn't raise the high end of the range.
looking market profit run seeing technical
Temporarily, the market may have run out of gas. On a technical basis, we're looking overextended, so you're seeing a little profit taking,
dominate lead oil prices trading weakness
As the day progresses, oil prices have started to dominate trading and lead to weakness in the market.
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.