Market News

[RealMoneyIssues]

Part of the acceleration in activity reflected farmers' filling up silos after a drought last summer decimated crop output. Removing inventories, the growth rate was a tepid 1.5 percent.

Doesn't matter, the lack of a reaction in the market only shows it was already priced in. Back to business, time to keep floating in a tight range.

Maybe next week...

 

[weatherweenie]

The University of Michigan's final April Consumer Sentiment Survey rose to 76.4
from the 72.3 that was posted in the preliminary Survey. The Briefing.com
consensus expected the reading would tick up to 72.4.

 

[weatherweenie]

Non-Farm Payrolls Rise More Than Expected, Up by 165,000 in April; Unemployment Rate Drops to 7.5%

 

[hotwings]

Futures on fire....looks like it' going to be a good day.

 

[law87]

Futures on fire....looks like it' going to be a good day.

CNBC is messed up, Yahoo is messed up, not even sure if Finviz is correct.

 

[Frixxxx]

CNBC is messed up, Yahoo is messed up, not even sure if Finviz is correct.

Futures - Markets | Reuters.com

I never seem to have a problem there.

 

[weatherweenie]

Philadelphia Fed Index Shows Surprise Decline

 

[weatherweenie]

Ground-breaking for new U.S. homes plummeted more than expected in April from an almost five-year high, but applications to build new homes shows the housing sector could still contribute to the strengthening economic recovery

 

[weatherweenie]

Goldman Sachs expects the S&P 500 to add another 9%, to end the year at 1900. For 2015, they expect 11% gains, for the S&P 500 to close the year at 2100.

 

[Birchtree]

Say it ain't so. Betula papyrifera is going to grow mighty and tall.

 

[weatherweenie]

The second reading on first-quarter GDP was was expected to show expansion of 2.5 percent in the first quarter, even with the initial estimate.
Separately, initial jobless claims were seen holding steady at 340,000 in the latest week.

 

[nnuut]

June 6, 2013, 8:30 a.m. EDT
U.S. jobless claims fall 11,000 to 346,000
U.S. jobless claims fall 11,000 to 346,000 - MarketWatch

 

[RealMoneyIssues]

June 6, 2013, 8:30 a.m. EDT
U.S. jobless claims fall 11,000 to 346,000
U.S. jobless claims fall 11,000 to 346,000 - MarketWatch

Good news is bad for the market...

 

[nnuut]

How do you spell Bull Trap?

 

[nnuut]

June 11, 2013, 8:28 a.m. EDT
Stock futures tumble under central-bank weight
Dole jumps in premarket on CEO offer to buy rest of company

Stock futures tumble under central-bank weight - Indications - MarketWatch

 

[nnuut]

I was expecting Turn Around Tuesday to turn around but NOT in this direction!

 

[nnuut]

How do you spell Bull Trap? View attachment 24019

Sometimes it's a good idea to listen to yourself!

 

[RealMoneyIssues]

More Americans say time is right to sell homes

This could put a damper on the housing recovery. Even assuming that these people sell and buy another house, it could lower prices overall as more homes become available (supply and demand).

 

[RealMoneyIssues]

Goldman Sachs clashes with Chicago Fed on what’s needed to cut jobless rate - Capitol Report - MarketWatch

Looks like they are setting the standard:

Last week a pair of Chicago Federal Reserve economists asserted that the creation of as few as 80,000 jobs a month could push down the U.S. unemployment rate.

 

[nnuut]

It's all about Burntankle.:suspicious:

6 gut checks before the stock market’s opening bell

June 17, 2013, 7:08 AM
6 gut checks before the stock market's opening bell - Need to Know - MarketWatch