Without Europe's sovereign debt and banking woes this market would fly. Economic reports dispute argumant for recession. Traders' opportunity on weakness today.
While all attention has been focused on the European sovereign debt crisis, economic data has been in the background. Growth has continued to grind to a halt in the EU.
The S&P 500 has risen 12 percent in anticipation of a near-term solution of its bank/sovereign debt issues. The market has no room for a disappointment.
Wall Street looking to the Euro-summit meeting this weekend for at least a partial solution to banking and sovereign debt issues. Bulls anxious to load up.
Last week stocks soared after European officials hammered out a deal, but now investors are wondering whether the plan can be a long-term solution to sovereign debt crisis.
Prolonged, exorbitant debt is unsustainable for any economy, but the question for investors is how will excess government debt affect their investments going forward?
There are two storm clouds on the horizon that could force global equity markets lower, sharply hike interest rates on sovereign debt and create a super rally in the U.S. Dollar.
China stocks in Hng Kong fell sharply after the European Central Bank failed to expand its sovereign debt purchase plan, despite encouraging news of large drop in Chinese inflation.
India Inc. has hailed the better-than-expected 7.5 percent GDP growth during 2009-10, but it is still jittery about numerous challenges, including poor credit availability to the industry, particularly the small and medium enterprise (SME) sector, and the Eurozone sovereign debt crisis which could draw down exports to the region in the coming days.
With uncertainty reigning in the European markets, which was triggered by the sovereign debt crisis in Greece, the government should consider extending focus market benefits to left over European countries, urged the Federation of Indian Export Organisations (FIEO) on Friday.
A new study by the Federation of Indian Chambers of Commerce and Industry (FICCI) has expressed concern that the sovereign debt crisis of Greece may spread over to other European nations which could have catastrophic impact on Indian exports.
All eyes are on Europe once again to produce a plan that adequately addresses its longer-term bank and sovereign debt problems. There market has no room for failure at this point.
The flow of negative news out of Europe persists, masking the fact action has been taken to address debt issues. Buying opportunity shaping up on pullback?
Buyers ran into a wall in mid-March and I think it is due to concern that earnings reports won't be as upbeat as in past quarters. Market adjusting to comfort level.
Looks like a successful summit. While uncertainties linger, the Europeans have a framework for solving problems. Profit-taking could set up a buying opportunity.
EU leaders have been in heavy talks with Greece officials on accepting deeper austerity cuts and providing more assurances before receiving more aid. But is it too little, too late?
It's decision time for Greece and Italy. Expect a sharp rebound into Friday possibly to DJIA 12,030 (S&P 500: 1255) - a sell off late Friday without good news.