时事资讯:美国股市及原油价格跟随中国股市走低_时事

时事资讯:美国股市及原油价格跟随中国股市走低

While no one is expecting a repeat of such calamity this year, many traders are on the defensive.

'I doubt if we get a big selloff before the end of the week,' when key jobs data are due, said Bob Bright, partner at the proprietary trading firm Bright Trading in Chicago. 'But beyond that, who knows? Most of my traders are just waiting for when everyone gets back from vacation after Labor Day to see what happens.'

While Mr. Bright said a correction is clearly possible in September, he's even more worried about weakness in the following month, after many funds and companies have closed out their fiscal years. As a result he's been selling bullish October call options on stocks he owns even more aggressively than September contracts.

Jason Trennert, managing partner at Strategas Research Partners in New York, said the consensus on Wall Street is that a market correction from the summer's highs is 'inevitable.' However, Mr. Trennert said that a few factors may help September 2009 buck the usual reputation of the ninth month as a rough patch for stocks.

He said many fund managers who sat out the summer rally may be apt to chase the SP's year-to-date gains and that a continued deluge of stimulus spending may bolster key economic data and corporate profits. According to Strategas, less than 20% of the $787 billion stimulus package passed in February has been spent, with between $3 billion and $4 billion in new money being spent every week.