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Wall Street Strategies
Housing starts showed a headline increase last month, but single family units were down slightly. - View all 0 replies
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Wall Street Strategies
New home sales were soft, but I would blame it mostly on volatility/seasonal adjustments in the South region data skewing the numbers. - View all 1 replies
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Papaswamp: Should attribute it to people renting and not buying. Fewer living wage jobs and declining employment participation rate.
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Wall Street Strategies
Aside from natgas which saw a supply build, commodities look strong again today, perhaps a continuation of the weak dollar Fed reaction. - View all 0 replies
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Wall Street Strategies
Existing home sales of 4.61m annually slightly below consensus but still up 5% m/m. Inventory showed a nice 9% decline for the month. - View all 0 replies
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Wall Street Strategies
Initial claims made a nice drop, but look out for the approx. 212k who fell off of extended benefits. - View all 1 replies
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Wall Street Strategies
Considering all the scary news out of Europe, I would have thought the EU markets would be worse, but the US markets are underperforming. - View all 0 replies
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Wall Street Strategies
Spanish 10-year bond yields are about to take out the high around 6.3%. Not too far behind Italy at this level (Italy just above 7%). - View all 1 replies
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nasalpancho: Banks are going to start to go down over there -- it is imminent
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Wall Street Strategies
Drop in Conference Board confidence index reaffirms previously reported drop in University of Michigan sentiment index. - View all 0 replies
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Wall Street Strategies
Slovakia has approved the EFSF. Little reaction in the markets. - View all 2 replies
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zd2002: the reaction was played out yesterday. Now the focus is on soft Chinese growth data.
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Wall Street Strategies
Market hitting major resistance, no impetus to break out of the 2-month zig zag of death in the major indices. - View all 0 replies
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Wall Street Strategies
Job claims that is... tomorrows numbers may be flat. - View all 0 replies
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Wall Street Strategies
Quick jobs recap: if you look at Sept vs. Aug there's not much of a difference. 4wk averages at the end of each month about the same. - View all 0 replies
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jason2713: the more times we hit that, the more likely it gives. its gonna give eventually.
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Wall Street Strategies
Looking for volatility throughout the day as S&P 1120 is tested. SLM seems to be taking a back seat to technicals and rumors (again). - View all 0 replies
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Wall Street Strategies
SEC has submitted proposals for new rules on the market circuit breakers.The triggers would be 7%, 13% and 20% instead of 10%, 20% and 30%. - View all 1 replies
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inquisitivemind7: reeking of desperation here, a massive selloff will continue after mkt is temp frozen.
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Wall Street Strategies
The EIB has refuted claims that the EFSF will be expanded. The count is up to two German denials, one Austrian denial, and one EIB denial. - View all 3 replies
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jason2713: Doesnt matter full steam ahead. They can let their beloved stock markets crash! -
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Wall Street Strategies
The Case Shiller index showed flat home prices again seasonally adjusted, However there was at least a 0.9% seasonal bounce. - View all 0 replies
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Wall Street Strategies
The German Democratic Party has come out to deny the EFSF overhaul.That's the second German denial after the Finance Minister yesterday. - View all 3 replies
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Wall Street Strategies
It seems AIG will get $22 billion of TARP money which it will use to repurchase shares owned by the fed. I bet they tout this as a success. - View all 0 replies

