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Tag Archives: ISM
Cliff Diving – Day 16
December, the overall best month for stock performance, isn’t supposed to start like this! The S&P500 opened almost at its high of the day, traded through the 50-day moving average, got spanked and commenced to sell off the rest of … Continue reading
Posted in Fiscal Cliff Monitor, Uncategorized
Tagged Boehner, Fiscal Cliff, ISM, Monitor, Obama
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U.S. Manufacturing Contracts For First Time Since July’09
Note the collapse in new orders. (click here if chart is not observable)
Shorts Send Out Mayday As ISM Surprises
Wow! Check out the market reaction to the ISM this morning. Many were caught off guard and even shorting just minutes before the number expecting a weaker print on the back of the weaker regional PMIs. We were surprised, but, … Continue reading
Posted in Economics, Equities, Uncategorized
Tagged Brazil, Dollar Index, Hollande, ISM, May Day, PMI, S&P500, U.S.
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U.S. Manufacturing Surprises to the Upside
The Institute for Supply Management (ISM), the US purchasing managers’ index (PMI) for March increased to 53.4 from 52.4 in February, beating expectations of 53. It’s the 32nd consecutive month that the index has been at least 50. The ISM … Continue reading