DAILY TRADING ADVISORY 08-June-2009 Jobless rate at 9.4%, the highest since 1983 and Nonfarm payrolls down only by 345K gave way to a strong rally and new highs for the U.S. equity indexes. Oil hits $70 per barrel. WEEKLY PIVOTS...
Read MoreDAILY TRADING ADVISORY 04-June-2009 ADP Employment data indicates a loss of another 532K jobs in the private sector. MBA mortgage application Index drops 16% on higher rates. ISM Services Index shrinks at slowest pace, Factory...
Read MoreDAILY TRADING ADVISORY 02-June-2009 GM files for bankruptcy and gets $50 billion in government aid, Personal Spending down .1%, Personal Income up .5%. Construction Spending climbs .8%; ISM Index contracts at its slowest pace in...
Read MoreDAILY TRADING ADVISORY 1st-June-2009 GDP minus 5.7% for the first quarter, Chicago PMI at 34.9, contracted at a faster pace than forecast this month as orders and employment dropped, Michigan sentiment rose in May but still...
Read MoreDAILY TRADING ADVISORY 29-May-2009 Initial Claims lower than expected at 613K, Continuing Claims at its highest level since 1967 and Durable Good Orders up by 1.9%, New Home Sales up .3% less than expected, markets rallied, sold...
Read MoreDAILY TRADING ADVISORY 28-May-2009 GM bondholders reject offer to swap bond for equity, Existing Home Sales rode for the second time in three months to an annual rate of 4.68 millions, bonds fall on inflation concerns giving way...
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