Michael Sheldon Market Quotations

Looks like the stock market has gotten off on positive footing after yesterday's broad-based decline. We're seeing gains in eight of 10 S&P sectors. The data that came out so far was pretty much in line with expectations. Looking ahead, investors will be keeping an eye on auto sales.

So far the earnings season has gotten off to an underwhelming start. I think the positive news from Intel is just what the market needed and is likely to lead to a favorable opening on Wednesday.

So far the earnings season has gotten off to an underwhelming start, ... I think the positive news from Intel is just what the market needed and is likely to lead to a favorable opening on Wednesday.

Right now, I think the market needs a catalyst in order to get out of this difficult environment. Hopefully if oil prices continue to decline and move back into the mid $50s, that could turn sentiment more positive on Wall Street.

Over the next few trading sessions, it will be important to watch whether the stock market sells off on rising volume. If that should happen, that could mean a spring correction is on the way.

Looking ahead to next week, the more important question for investors will be: 'Will the market experience a holiday hangover as investors take profits?'.

When the central bank came out and said they're going to drain liquidity over a period of months, that was a catalyst for investors who have avoided the stock market to put some money back in.

Today's weak market performance is the result of some worse-than-expected earnings reports and a decline in the consumer confidence report.

When all was said and done, the market showed its resilience once again, ... The market performed well despite today's extremely weak consumer sentiment number. Investors seem to be looking over a softer economy for the next few months towards a stronger economy to start 2006.

The tone in the market is a little better. We saw strong gains in Japan as they move toward an end to quantitative easing.

The technical trends of the market and the sentiment has improved over the last few weeks, plus there are seasonal factors working in the market's favor.

Temporarily, the market may have run out of gas. On a technical basis, we're looking overextended, so you're seeing a little profit taking,

The mood of the market has clearly improved in recent weeks and this most likely reflects optimism that the Fed is close to the end of its recent rate tightening cycle.

Despite the Democratic National Convention, the biggest story of the week has been energy prices. That's prevented the market from seeing a bigger rally off these oversold conditions.

This market is just extremely resilient, and if we don't get a major spike up in energy prices or interest rates from current levels, the strong earnings environment we find ourselves in could help carry the markets higher for several more weeks.

Following the disappointing tech news after the close, it looks like the market could be in for rough sledding at the open.

The bond market finally caught up with the stock market.

If we can build on Tuesday's significant . . . turnaround, you could see buyers start coming back into the market and you could see a further push higher over the next several days.

If we can build on Tuesday's significant intraday turnaround, you could see buyers start coming back into the market and you could see a further push higher over the next several days.

Intel's numbers were clearly disappointing, as is reflected in the futures. The one thing is that you never know what will happen to the market given that the monthly jobs report comes out before the bell.

All in all, I think investors are trying to put on a positive face and push stocks higher into the year-end. I think the market is going to try to build on yesterday's modest gains.

The economic data over the next several weeks are going to be difficult to interpret, and it'll be interesting to see how the market reacts,

The market tone has improved over the last week or so,

The market is very oversold right now and I expect it to move higher over the next week or two. But beyond that, it's going to be very difficult for it to make much headway until we get a clearer sense of how much the Fed is going to move.

The market is trying to find its footing here, amid what has been a poor start to the year.