Burt

Was the Chicago PMI Leaked?

People who would pay for this info 3 minutes prior could care less what the market is going to do past 9:50am. The simple fact is knowing the number prior gives you a view into the short term future. Futures traders make a killing off of trades like this. S&P futures dropped almost 20 handles once the number came out. To think that people who pay for this early look are long term investors is completely ignorant....a trend in the majority of the commentaries I read on this website.