Market Sentiment Watch: Chinese PMI disappointed overnight the dip is still near a 2 year high and is being taken in stride by global markets early. Busy week on the ecodata front focused squarely on the consumer. Oh, and the Sequester arrives at week's end. Expect volatility. We have another busy week of earnings […]
Market Sentiment Watch: German court says it will not block ratification of the euro-zone bailout plans. Later today we hear the latest non-energy-but-market-swinging-news from Apple (some are pointing to a +0.5% GDP increase due to the phone upgrade alone to which I say wow, there goes more cash out of the economy and into […]
Market Sentiment Watch: Still very little in the way of economic data today and so the market drifts, higher, which is a bit of a change from the last few months were no data meant a wholly unsupported day (granted this is likely noise and its only really the second day of this action […]
Market Sentiment Watch: Busy earnings day today followed by information overload in energyland tomorrow. In today's post please find comments on a number of names of moderate interest as well as on the REXX quarter. Ecodata Watch: ADP employment came in weaker than expected at 119,000 for April. Also showed monthly average for 1Q12 […]
Market Sentiment Watch: Markets nervous over possible Europe return to recession thinking and their PMI falls back unexpectedly below 50. Meanwhile, Chinese PMI showed slight contraction again overnight but was an improvement at 49.7 vs last month's 48.8 reading. In today post please find multiple names owned in the ZLT reporting 4Q11 results. Common […]
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