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  • Chrysler Sales, U.S. Markets Up Smartly This Morning  0 comments
    Apr 2, 2013 12:00 PM

    Improved auto sales and other assorted catalysts have kicked U.S. markets up this morning as the averages try to reverse yesterday's low-volume clobbering. First out the gate, Chrysler's U.S. sales rose 5 percent in March as the company sold more cars and trucks than in any month since the Great Recession began in December of 2007.

    The strong numbers are another sign that Americans are buying cars in increasing numbers as their financial situation improves. U.S. car and truck sales are estimated to have reached their highest level in nearly six years in March, as buyers armed with tax refund checks were lured by flashy new vehicles and low interest rates.

    Read full article here

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

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