Tom Hougaard
Tom Hougaard
european goes happens holidays market quiet range trades
As it often happens on market holidays in the U.S., the European market goes very quiet and trades in a range all day.
ahead bit boost bounce days funds key last market monday money names numbers relief surprise throw today
We could see a little bit of a relief bounce if the (economic) numbers are good. Also, today and Monday are the last days of the month, so it wouldn't surprise me if some funds throw a little bit of money at the market to boost some key names ahead of the 31st of October.
bear climate current dealing economic high indeed looks market prosperous
Valuations are very high for the current economic climate or indeed even a prosperous climate. So it looks like what we are dealing with here is a bear market rally.
caught deeply face goes markets players slide time
The slide in the Nikkei just goes to show how deeply overbought these markets are. Players have been caught up in the euphoria. Now it's time to face reality.
affect bound coming lower market sideways time trade weeks
...this kind of sell-off is bound to affect the market for some time and we may very well see the market trade lower over the coming weeks or at least trade sideways without making new highs.
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.
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.
bears cause covering doubt fueled orleans rally recent short thinking wall
There is no doubt that the recent rally is fueled by a lot of short covering from bears thinking the New Orleans debacle would cause jitters on Wall Street.
decent flat holding people vulnerable worried
...we are holding the flat line, but we are vulnerable to the downside. A lot of people are getting worried about the market...we are long overdue for a decent correction.
casting european profit shadow somewhat sun warning
The profit warning from Sun Micro is casting somewhat of a shadow over the European markets.
according basis bonds certainty cut greenspan interest percent rate rates
It is a 100 percent certainty according to the U.S. interest rate bonds that Mr. Greenspan will cut rates by 25 basis points.