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Initial claims for state unemployment benefits declined by 10,0000 to a seasonally adjusted 340,000, the Labor Department said on Thursday. Claims for the prior week were not revised. Economists polled by Reuters had expected first-time applications to fall to 339,000 last week.
 
Wow, she's going to Fox Network!:laugh:
Maria Bartiromo is headed to Fox Business Network
This is a total bombshell for the financial media world. CNBC's "Money Honey" Maria Bartiromo is headed to Fox Business Network, Matt Drudge first reported while she was anchoring "Closing Bell" this afternoon.
CNBC has confirmed this for us.

Read more: Drudge Says Maria Headed To Fox Business - Business Insider
maria-bartiromo-7.png
 
Signed contracts to buy existing homes fell for the fifth straight month in October, as the government shutdown added to an overall slowdown in the U.S. housing market. So-called pending home sales eased 0.6 percent from an upwardly revised September reading and are down 1.6 percent from October 2012, according to the National Association of Realtors. This is the lowest sales pace since December 2012
 
Private sector creates 215,000 jobs in November vs. 173,000 estimate: ADP

Looks like any good news going forward will cause the market to go down because it will be thought of as an upcoming tapering down. May not even be a Santa Rally unless someone comes out and says tapering will not begin until..... Glad I only went in 50% yesterday.
 
The Commerce Department said on Wednesday new home sales jumped 25.4 percent to a seasonally adjusted annual rate of 444,000 units. It also said new home sales fell 6.6 percent in September.
 
Released On 12/6/2013 8:30:00 AM For Nov, 2013 Employment Situation Economic Calendar - Bloomberg
[TABLE="class: actual_consensus_box"]
[TR="class: actual_consensus_toprow"]
[TD][/TD]
[TD]Prior[/TD]
[TD]Prior Revised[/TD]
[TD]Consensus[/TD]
[TD]Consensus Range[/TD]
[TD]Actual[/TD]
[/TR]
[TR]
[TD]Nonfarm Payrolls - M/M change[/TD]
[TD="class: actual_consensus_box_numbers"]204,000[/TD]
[TD="class: actual_consensus_box_numbers"]200,000[/TD]
[TD="class: actual_consensus_box_numbers"]180,000[/TD]
[TD="class: actual_consensus_box_numbers"]140,000 to 200,000[/TD]
[TD="class: actual_consensus_box_numbers"]203,000 [/TD]
[/TR]
[TR]
[TD]Unemployment Rate - Level[/TD]
[TD="class: actual_consensus_box_numbers"]7.3 %[/TD]
[TD="class: actual_consensus_box_numbers"][/TD]
[TD="class: actual_consensus_box_numbers"]7.2 %[/TD]
[TD="class: actual_consensus_box_numbers"]7.0 % to 7.3 %[/TD]
[TD="class: actual_consensus_box_numbers"]7.0 %[/TD]
[/TR]
[TR]
[TD]Average Hourly Earnings - M/M change[/TD]
[TD="class: actual_consensus_box_numbers"]0.1 %[/TD]
[TD="class: actual_consensus_box_numbers"]0.1 %[/TD]
[TD="class: actual_consensus_box_numbers"]0.2 %[/TD]
[TD="class: actual_consensus_box_numbers"]0.1 % to 0.4 %[/TD]
[TD="class: actual_consensus_box_numbers"]0.2 %[/TD]
[/TR]
[TR]
[TD]Av Workweek - All Employees[/TD]
[TD="class: actual_consensus_box_numbers"]34.4 hrs[/TD]
[TD="class: actual_consensus_box_numbers"][/TD]
[TD="class: actual_consensus_box_numbers"]34.5 hrs[/TD]
[TD="class: actual_consensus_box_numbers"]34.4 hrs to 34.5 hrs[/TD]
[TD="class: actual_consensus_box_numbers"]34.5 hrs[/TD]
[/TR]
[TR]
[TD]Private Payrolls - M/M change[/TD]
[TD="class: actual_consensus_box_numbers"]212,000[/TD]
[TD="class: actual_consensus_box_numbers"]214,000[/TD]
[TD="class: actual_consensus_box_numbers"]173,000[/TD]
[TD="class: actual_consensus_box_numbers"]145,000 to 200,000[/TD]
[TD="class: actual_consensus_box_numbers"]196,000
[/TD]
[/TR]
[/TABLE]
 
[h=1]Fed Closes In on Bond Exit[/h] [h=2]Strong Jobs Report Moves Central Bank Nearer to Paring Purchases; Dow Soars[/h]Federal Reserve officials are closer to winding down their controversial $85 billion-a-month bond-purchase program, possibly as early as December, in the wake of Friday's encouraging jobs report.

Fed Closes In on Bond Exit - WSJ.com
 
Standard & Poor's (S&P) credit ratings agency has lowered its U.S. growth forecast warning of "significant downside risks" from federal spending cuts. "We've lowered our forecast for U.S. GDP growth in light ofthe additional sequester spending cuts in 2014 as well as the potential for another political standoff in Washington after the October government shutdown," S&P said on Monday, ahead of the bipartisan budget deal struck in Washington.
 
Standard & Poor's (S&P) credit ratings agency has lowered its U.S. growth forecast warning of "significant downside risks" from federal spending cuts. "We've lowered our forecast for U.S. GDP growth in light ofthe additional sequester spending cuts in 2014 as well as the potential for another political standoff in Washington after the October government shutdown," S&P said on Monday, ahead of the bipartisan budget deal struck in Washington.
I think your right on here. They'll see the deal doesn't support enough cuts to help with US debt.
Down grade now a possibility or tapering is eminent.:(
 
CEO Turnover

Could this be the next way to predict market performance?

I mean we haven't seen this turnover rate since 2008. Remember what happened in 2008? Are the rats abandoning ship?
 
Nov. housing starts at 1.09 million vs. 958,000 est.; permits at 1 million vs. 980,000 est. Economists in a consensus survey expected September housing starts to rise to 900,000, October housing starts to rise to 919,000, and November housing starts to rise to 958,000. Building permits for November were forecast to have fallen to 980,000.
 
Nov. housing starts at 1.09 million vs. 958,000 est.; permits at 1 million vs. 980,000 est. Economists in a consensus survey expected September housing starts to rise to 900,000, October housing starts to rise to 919,000, and November housing starts to rise to 958,000. Building permits for November were forecast to have fallen to 980,000.
People are trying to take advantage of low interest rates while they still exist. Don't worry the FED will change that in their own time which is on the near horizon.
 
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