Tom Hougaard
Tom Hougaard
chin companies oil
Oil companies will take it on the chin today.
afloat banks keeping markets
The markets are not that strong, it's the banks that are keeping things afloat on the day.
autumn betting bullish clearly expect fire market rally reason sentiment themselves traders
The market is on fire and with sentiment so bullish there is every reason to expect more upside, ... There are clearly many traders who are betting on an autumn rally to take the Dow to 10,000, and they positioned themselves in the market yesterday.
blow looking market open rita strong
The market is looking at a really strong open as Rita didn't blow as hard.
above bears below bullish bulls case clearly lead level limbo market move playing purely rally traders trading
The market is clearly in a limbo with the bulls and the bears all squared up. The Dow is bullish above 9,600 and a move above this level could lead to a rally to 9,750. The bearish case is a move below 9,525, which would lead the indices into the long-awaited correction. Anything in between is a purely traders playing the trading range.
above attracting chance chasing clients european far fresh gain interested needs pace rather shift stand stocks trading uk
The Dow needs to gain pace above 10,500 to stand a chance of attracting fresh speculative money. Our clients have made a significant shift and are far more interested in trading UK and European stocks rather than chasing non-performing stocks.
attract earnings equity far investors looks market overall price received stocks trend
The equity market is still undecided about the overall trend of stocks. All in all the earnings so far have not been well received by investors and it looks as if stocks have to come down in price to attract investors.