Previous 10 | Next 10 |
Last week, the 10-year Treasury bond yield continued to rise, as last Tuesday's bond auction had a lackluster bid-to-cover ratio of 2.47. This means that the Fed is going to have to do more quantitative easing or the federal government is going to have to curtail its spending. The Fed...
Among strong, positive numbers, industrial production rose 1.6% in December, while the manufacturing component rose by 1.0%. Nominal retail sales declined -1.0% in December. Excluding the food services sector, which has been especially hard hit by the pandemic and lockdowns, sales wer...
Consumer spending fell 0.4% in November, its first drop since the April when the Coronacrisis was about at its worst. Bankruptcies of major US companies scaled old heights in December to finally hit their 2011 levels with 16 major companies filing in December. Job losses jumped fo...
Industrial production rose 1.6 percent in December. Over the past year, industrial production is down 3.6 percent and 3.3 percent below the pre-pandemic level in February. Manufacturing output, which accounts for about 75 percent of total industrial production, rose 0.9 percent. ...
The December ISM manufacturing index rose to 60.7, up from 57.5 in November. The new orders component was especially encouraging, rising to 67.9 in December, up from 65.1 in November. Further, the Commerce Department announced that factory orders rose 1% in November, the seventh strai...
The December ISM manufacturing report is much stronger than predicted. Rather than fall from 57.5 to 56.8 as forecast by the consensus surveys, it actually rose to 60.7, led by gains in output, orders and employment. It offers hope that the manufacturing sector can continue to per...
The ISM Manufacturing PMI posted a gain in December, registering a 60.7 percent reading for the month, up from 57.5 percent in November. Among the key components, the New Orders Index came in at 67.9 percent, up 2.8 percentage points from 65.1 percent in November. The Employment I...
Tuesday’s release from the Richmond Fed was a welcome surprise. Rather than the forecasted decline down to 11 from 15 in November, the headline number rose to a reading of 19. Although that is still off the record highs from earlier in the fall, the December print indicated...
The Institute for Supply Management's composite services index posted a reading of 55.9 in November, dropping 0.7 points from 56.6 in the prior month. Despite the second small decline in a row, the November results remain solidly above neutral. The report suggests that the service...
The ISM reported a small decline in its manufacturing PMI today. The index had moved up to 59.3 for the month of October 2020 in what had been its highest since September 2018. For November, the setback was nearly two points, bringing the headline down to an estimate of 57.5. The ...
News, Short Squeeze, Breakout and More Instantly...
ProShares Ultra Industrials Company Name:
UXI Stock Symbol:
NYSE Market:
2024-06-25 22:26:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-06-04 08:16:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-05-15 10:38:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...