It’s just another day in the new financial-bizzaro world where any little piece of data may move the markets. Forget imploding Europe or mounting debt levels, the market “reportedly” went higher on a better than expected ISM Non-Mfg number.
You may ask, what the heck is the ISM Non-Mfg number anyways? It’s a gauge of new business orders from the Institute for Supply Management. Think of it as the “B list” of economic data reports, akin to the aging celebrity who appears on the…
Added by Larry Levin on June 6, 2012 at 10:34pm — No Comments
Short bounce here depends on what the Fed says thursday.apple rally nicely from support 555.00. Could to june 16th.Careful here
Added by arthur pullman on June 4, 2012 at 4:58pm — No Comments