Stocks get floored as analyst predicts bleak outlook!

Wall Street is in the grips of the bear once again, what else is new? With the markets reacting like a yo-yo to everything that an analyst may or may not say about the markets in general, the Wall street these days are resembling a roller coaster in more ways than one. The latest round of the 'bleak summaries' on the banks and the credit crisis, sent the markets reeling and the news of surging Oil prices only further increased the pressure on the markets.
With the markets reacting to interviews like this, is it any wonder that the consumers are wary of investing even a dime in them? What we sorely need is a period of stability and a market that does not swing wildly just on the basis of a news report. With the Fed taking a proactive stand as far as the U.S economy is concerned, the latest moves by the market clearly show that the sheen is gone off the interest rate cuts. So the obvious question is what is the Fed planning to do next to give a further Filip to the markets? Let us cross our fingers and start hoping for the best.

The new credit plan gives Wall Street a boost!

The latest moves by the Fed and the banks to alleviate the credit crisis that has been haunting this country for quite some time now, has seemed to have given a boost to Wall Street today. By posting an increase of 400 points, one can say that the Wall Street is finally seeing a bit of the light at the end of the tunnel.
But one should also take care to remember that the Wall Street has been kind of twitchy of late and that one should not consider the latest increase as a change in the momentum. As far as the Wall Street goes, these days, it is better to cross the bridge when one comes to it!

Wall Street gets jittery as the bond insurers reject Buffett's offer!

The Wall Street had rallied on the news that Buffett offered to prop up the Bond insurers and most of us, including me had thought that the insurers must be singing to the heavens. But all of us were mistaken as the second bond insurer had just rebuffed Buffett's offer, no pun intended!

As the bond insurers do not seem to be too eager to bite at Buffett's bait, the Wall Street is already showing signs of getting bearish for the rest of the day. With such news in the offing, all one can say is that the Bear is going to have a field day tomorrow and all that one can do is to roll the dice and look up to the stars for some inspiration!

Wall street turns bleary eyes on to info for next week!

With all the battering that the Wall street had taken over the last few days, it has turned its bleary eyes on to the information like the earnings data,retail sales and the inflation data to get an inkling as to where the markets are headed. But the thing about asking for information is that it may well confirm that recession is already here.
Either way, it is going to be one roller coaster ride and there are not that many takers for the idea of the marker shaking of the 'Bear grip' that it seems to be currently under. With more and more banks coming out with fresh news as to their exposure to the Mortgage crisis, the last thing that the Wall street may need is to know that the companies are cash strapped.
Sometimes, ignorance is a bliss and that may well be the case for the Wall street this week. With indicators already pointing to the red, the ride, it seems, will be heading right to the sub levels of the financial markets.

Wall street hung to dry on Credit worries!

The Wall street got hung to dry today on the fears of a Credit crunch happening all over again. Whoever coined the term 'Black Friday' must have a sense of foreboding if he or she had walked into the treading hall today. On the normal days the trading hall is a mess, today it went way beyond that. With the crunch slamming the markets down, the investors were sent scurrying for cover.
Most of the worries stemmed from a fear of more debt write offs to come, as some of the major banks have already started to do that. And lets not forget the 'Countrywide episode', with that in mind, what started like a normal trading day soon escalated into a sell off! Will the situation improve, yes, it will, but not in the near future!

Wall street gets the hives ahead of the FED minutes!

With all the sub prime losses facing the markets, one would think that the Wall street would be reading the situation much more clearly but that has not yet happened. All that we are getting out of the Wall street these days are a knee jerk reaction to any financial data that comes out. Today was no exception, especially with the news that the Fed minutes can be expected any moment. That was all it took to blow some life back in to a heavily battered stock market.

Wall Street gets ready to face 'Monday blues'

The Oil price surges coupled with the already existing credit crisis in the markets and on top of that weak economical data have all made it all too easy for the bears to reign in the markets on Friday. If things were to remain true to the current trend then it seems that 'Monday blues' is all set to bit the Wall street right where it hurts the most.
With the demand on Oil still going strong, the Oil futures have just come down from the 90$ mark. But the opinion of the many is that the price has come down only to push up to all new heights come Monday.The OPEC is not doing much as far as increasing the production of Oil so as to relieve pressure in the futures market. Now with the weak economic data along with bad Q results from some of the top companies, we may all see gloomy days ahead in the market, playing out to the bear's tune.

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Oil surges ahead and stocks get battered!

Today saw the Wall street take a battering on account of the surge in Oil and the weak economic data. i had already posted on the Oil reaching 90$ and more. It was only to be expected especially with the Middle east conditions being what they are. What has made matters even worse is the fact that the OPEC is not increasing the supply at the moment and they are scheduled to have a series meetings on this account. If the OPEC cannot control the sudden surges in Oil prices, then may be some one else could do it for them. The statements from the president of the United states, George bush on Iran and the World war 3 certainly did nothing to ease the markets. All they did was to increase the 'bear' pressure on the markets. All in all, with the Oil surges and the weak economic data coupled with Georgie's statements on war, all of them together made the Wall street take a battering!

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Wall Street hangs up!

After three days of acquiring gains the Wall street has paused in its momentum.with the news that the National Association of Homebuilders is set to release its housing index for June,all eyes and ears are open for a take on the U.S economy and this will have an impact on Wall street.
Coming back to today,the Wall street paused in its momentum and there was only sideways momentum after that.this could be due to a variety of reasons but with speculation that a takeover is imminent and that Alcoa is involved may cause the market to react.so the sideways momentum of the market will change.but will there be any more gains.well,lets sit back and watch as all indicators are pointing to a sideways momentum.could go either way!