Market Sentiment Watch: Muddled. Dubai – Starting to look contained (Asia shot up 3% on that thought) but fear over other potential Dubai’s remains. Black Friday Followup: ShopperTrak says sales were up 0.5% over 2008’s Black Friday to $10.66 billion. Basically more people went shopping but their average ticket fell. Many stories […]
Volatile and not altogether bad week despite the Dubia led balloon at week’s end. Hope you had a Happy and Safe Thanksgiving. Wrap comments are incorporated into the Monday post.
Special shortened format today due to the holiday. Hope you guys had a great one; market not in the best of moods today. I’ll be out with the family most of the morning and I don’t see a lot of point in playing on this half day of trading but will check in once or […]
Market Sentiment Watch: The slowest day of the year will probably be Friday. Today will likely be the second slowest after an opening flurry. We get the oil numbers at the regular time (10:30am EST) and then the natural gas numbers at (12 pm EST and probably the last of the injections of 2009). […]
Eco Data Watch: GDP 3Q Revision: revised to 2.8% vs a 2.8% forecast, down from the initial 3.5%, Corporate profits up 10.6% quarterly, Consumer spending up 2.9%, Consumer confidence forecast 45.5, at 10 am EST, FOMC minutes due out at 2 pm EST In Today’s Post: Holdings Watch Commodity Watch Crack Spread Update […]