Angus Campbell Quotations

We'll be focusing very closely on earnings today. There is concern that companies are not pulling out the earnings expected, so the real test for shares will come from company releases this week.

Sentiment is equally weighted between bulls and bears at the moment and the

On the earnings front, it would seem that companies have fared a little worse than the market had hoped. Annual growth has come in around 14.5 percent this season and analysts were hoping to see 16.6 percent.

If we get a good figure, this could push the Dow through 9,000, which will be a big test. It could really make all the difference.

Bulls have been crying out for a good end to the earnings season, and this will only encourage them to push the market higher, especially if oil prices continue to remain low.

The only thing that can stop further declines in the market today is a tame ISM figure and lower oil prices,

March is often a turning point for indices, and we could have seen the top of the market for sometime to come.

When public policy goes one way and the premises of the culture go the other, you've got a formula for an unsustainable system of education,

There have long been rumors surrounding Lloyds as a potential bid target. Wells Fargo has a large part of its business in the retail banking arena so to take over someone like Lloyds would make a lot of sense.

With higher gasoline prices putting a dent in consumer spending and underlying inflation looking to be contained, further interest rate hikes seem unnecessary.

With gasoline prices declining here and across the pond during the month of October, any downside to this (PPI) figure will be hugely welcome for the market and equities could push higher.

Even though there have been a few fund managers cutting their exposure to U.S. equities, the earnings season has proved almost as good as Q3 last year and subdued oil prices could help lift confidence levels. Just over 65 percent of companies in the S&P 500 that have reported have met or exceeded forecasts.

Even though the market has fully priced in today's expected 25 basis point rise, investors will be listening out for any hints about the future path of their tightening policy,

Even though oil futures are flat this morning and have remained around (the) $63 to $64 a barrel level, concerns remain over the prospect of the combination of higher inflation and borrowing costs.

Earnings are very much the focus of trading as we continue this week, the busiest of the season. Investors want to see that US corporations are still providing returns for shareholders in the face of rising commodity prices.

It would seem that the up and coming earnings season may not be the centre of attention as concerns over the price of oil hitting record levels is dominating trading sessions at the moment.

It would seem that bulls are finally starting to come to terms with the grim reality that equities are not so attractive after all at the moment.

The story of the morning is GM. Their stock is trading a lot lower in Europe, indicating that they will decline by about a dollar when they open up and that has affected the futures. This news could eradicate any good coming out of the corporations reporting today.

The sooner U.S. investors can see the end of this current interest rate cycle the better.

Profit taking cannot be ruled out, especially if oil prices head north.

Now market participants are saying that investors should expect range bound trading to continue into next week when the Fed makes its interest rate decision.

Despite the U.S. earnings commencing in earnest this week, the recent inability of indexes to sustain their highs has led many to believe that there is impending weakness. For new highs to be set U.S. companies will have to report superb results, far outstripping expectations and things did not get off to a great start last week.

Apple's poor figures after the bell last night mean that the U.S. futures point to a negative start for U.S. equity indices this afternoon ... Apple is trading in Europe around 3.22 euros lower, indicating a decline of $4 when U.S. markets open later,

Anything higher here could confirm investors' fears that the Fed's interest rate tightening is far from over and is set to continue well into 2006.

As oil prices continue to trade higher, this (deficit) decline could be short lived and the U.S. trade woes may get worse.

This could be the make or break week for U.S. indices and determine the path of the markets into the spring months.

This kind of mindless vandalism directly endangers the lives of those who use our rural roads and costs us all yet more taxpayers' money.

It looks like the market will be focused on the interest rate cycle this week and finish off with non farm payrolls on Friday, so many market participants are expecting this week to determine the direction of U.S. indices for the remainder of the year.

It looks like the impetus to buy has dried up and certainly European bourses are feeling the pressure from yesterday's sell off in the U.S.,

Considering that NYMEX crude rose yesterday on speculation that demand for oil will grow next year, an increase in stocks will be required to cool off what looks like the beginning of a little rally in oil prices.

Everyone hopes the fourth-quarter earnings will give a much needed boost to a poor equity market, but if you remember last quarter, we had the best earnings season for a while, and it wasn't enough to push the Dow to new highs,

The mining sector has been weighing on the index though it's about time they had a bit of profit taking.

Inflationary fears hit the market yesterday as it failed to push beyond and sustain levels above the 10,600 level. Even the Atlanta Fed bank President admitted that the policy makers have a

Cisco has provided a little relief posting better than expected results after the close and we could see a bounce today.

Clients remain largely bearish of U.S. indices on the whole but a good start to the week by Asian and European stocks means the U.S. futures point to a positive start.

The market did not attract the sort of bargain hunting that many expected yesterday which just shows how cautious investors are following Friday's sell off.

The first week of January is historically a positive week for equities.

And a large decline in Asia means that the U.S. futures are heavily in the red too.

The market will focus more on what they (the Fed) say rather than what they do, and any change in the language to suggest that 5 percent is going to be the peak will be warmly welcomed by equities.

The market's attempt to trade through 10,490 twice on Monday has given sellers a good opportunity to dominate the last couple sessions as the Dow is clearly struggling at this top end of its current trading range.

The main focus will be on what they have to say about how 'higher energy and other costs have the potential to add to inflation pressures'.