Angus Campbell Market Quotations

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.

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.

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 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,

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.

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.

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

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 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.