 |
| Message Index | Post | Forum Guide | Library | Notice Board | Advertising | Contact Moderator | About the Forum | Thursday Sep. 9, 1:19AM EDT |
| Search |
| Forum Display Options |
|
- Message Index - Post Message - Refresh View Last... 50 Messages 100 Messages 300 Messages Sort Messages... Newest First Oldest First Display Messages... In Sequence Threaded Full-Text Full-Text Threaded |
| Quotes | |||||||||||||||||||||||||||||||||
Multiple Markets
Market Sectors | |||||||||||||||||||||||||||||||||
| News & Commentary |
|
MarketWatch News Reuters Futures Commentary US Markets Commodity News Currency News Bond News News from Exchanges |
| About Us |
|
Advertising Privacy Policy Disclaimers Contact Moderator |
2 messages in this thread [ view entire thread ] * Week in Revew * Re: Week in Revew The paper market should get an a for effort after this week getting the sledge hammer put to it 2 different days, and coming out of it on top. I believe many times the collective market knows more then the pieces.
Keep up the good work, there must be better times acoming.
Tim New - Fri Jul 30 2010 at 11:32 AMNew Home Sales SAAR 300K 330K C+ Nice gain, but coming up from very low.
ICSC Goldman Store Sales W/W 1.4% 0.6% C+
Y/Y 4.2% 3.8%
Redbook Y/Y 2.7% 2.7% C
S&P Case-Shiller Home Price Index
10-city, not SA M/M 0.7% 1.2% C+
10-city, SAdj. M/M 0.3% 0.5%
10-city, not SA Y/Y 4.6% 5.4%
Consumer Confidence 52.9 50.4 C-
State Street Investor Confidence Index 89.7 96 C+ Profits up, Corps leaner/meaner
MBA Purchase Apps Purchase Index - W/W 3.4% 2.0% C+
Refinance Index W/W 8.6% -5.9%
Composite Index W/W 7.6% -4.4%
Durable Goods Orders New Orders - M/M -1.1% -1.0% C-
New Orders - Y/Y 14.9% 15.9%
Ex-transportation - M/M 0.9% -0.6%
Ex-transportation - Y/Y 17.6% 15.0%
EIA Petroleum Status W/W 0.4M 7.3M C+
Jobless Claims New Claims W/W 464K 457K C
4-week Moving Average 456K 452.5K
GDP
Real GDP - Q/Q SAAR 2.7% 2.4% C+
price index - Q/Q SAAR 1.1% 1.8%
Employment cost Index Q/Q 0.6% 0.5%
Y/Y 1.7% 1.8%
Chicago PMI M/M 59.1 62.3 B Very strong growth in Purchasing.
New orders up 7.5, backlog up nearly 7, employment index up 2.5
Consumer Sentiment 66.5 67.8 C+
One of the better weeks we've seen in a while, but that's not saying much.
Durable goods orders showed a drop. Consumer confidence down a little, though sentiment was up. Over all, no really bad news this week.
Jobless claims slightly down.
Retail numbers showed some life. New home sales showed a healthy jump, but from a very unhealthy level. Still tepid at best. State Street investor confidence is up. Companies are learning to stretch a dollar further and profits don't look bad. Unfortunately, high levels of efficiency have low to no impact on employment numbers. Employment costs very moderate as a result.
MBA Purchase apps up for a 2nd week. Don't care much about refinance. No where near the impact.
GDP came in at +2.4. If you've been reading this report, you know that it is likely to be revised downward in coming months. The 2nd qtr started reasonably well, but growth in just about all sectors ground to a near halt as the qtr advanced.
The brightest spot this week, and probably the best news I've seen in a few months was the Chicago PMI. It indicates more orders and more hiring. One report doesn't mean much, but hopefully we'll see more of the same in coming weeks.
I'll give the week a C+.
As an aside, I've been thinking of doing quarterly reviews in an executive summary format. Might be enlightening.
Clarence NW IA - Fri Jul 30 2010 at 6:28 PM
Reply to 'Week in Revew'
Copyright 2010 MarketForum. All Rights Reserved.