RTTNews. Daily Market Analysis.- Cautious Trading Likely Following Recent Gains. July 26th., 2010
Daily Market Analysis Monday Jul 26 09:21 2010 Jul 26, 2010 Cautious Trading Likely Following Recent Gains - RTTNews Daily Market Analysis The major U.S. index futures are pointing to a lower opening on Monday, with sentiment reflecting uneasiness among traders following recent gains. Although the European stress test results did not produce discouraging results, traders are still anxious over the effect, a probable intensification of the sovereign debt crisis can have on the balance sheets of banks. Although the absence of any major earnings reports could fail to provide cues, traders may focus on the housing data to be released shortly after the markets open. Full Article