B4 the Bell, Tuezleday 5404
222 replies to this topic
Posted 04 May 2004 - 10:03 AM
Strong factory orders offset by bad Challenger layoff report.
...A declining spenglerian carnival of Colossaalism united with Inflation where the numbers one through 10 are forever banished as worthless arithmetical detritus from a bygone age... - Beardrech
Posted 04 May 2004 - 10:08 AM
U.S. March factory orders jump 4.3% By Rex Nutting
WASHINGTON (CBS.MW) - Orders for U.S.-made factory goods jumped 4.3 percent in March while shipments from factories increased a record 3.8 percent, the Commerce Department estimated Tuesday. The increase in factory orders was nearly double the 2.2 percent expected by economists surveyed by CBS MarketWatch. It was the largest gain since July 2002. Orders for durable goods in March were revised sharply higher to a 5 percent gain from 3.4 percent estimated a week ago. Orders for nondurable goods increased 3.5 percent. Unfilled orders increased 1.2 percent. Inventories increased a tiny 0.3 percent. Orders for core capital goods increased 4.5 percent, up from the 2.4 percent estimated last week.
Posted 04 May 2004 - 10:12 AM
I'm in Michigan.
It was on as I walked out the door 6:30ish.
They were discussing a vital topic of economic analysis (and I am not making this up):
Who is "cuter," the head of the Bank of England or the head of the ECB?
Audience responses to this question were solicited.
Posted 04 May 2004 - 10:13 AM
Challenger, Gray & Christmas report not getting much air time in US, Had to find it in Canada, Oh Canada.
Planned job cuts rise 6.1%
By TERRY WEBER
Planned layoffs in the United States jumped more than 6 per cent last month, but still held well below year-earlier levels, outplacement firm Challenger, Gray & Christmas Inc. said Tuesday.
Posted 04 May 2004 - 10:14 AM
To early to say what, BUT
thesun talked about USD resistance 91.4 support 90.4
as a goldbug thesun would like to see 90.4 as resistance.
I know about 1 to 1 ABC down, i know what the fib #'s are,
but I hope we have no suppport.
Posted 04 May 2004 - 10:19 AM
Who says the Us Media doesn't filter the news. This is a google search I just did on the Challenger news at 10:14. Two Canada articles and one
Job cut plans jumped in April
CNN/Money - 4 minutes ago
The number of job cuts announced in the US rose 6.1% from a 10-month low in March. NEW YORK (CNN/Money) - The number of planned ...
US job cuts rise 6.1 percent in April - report
Forbes - 7 minutes ago
... Inc. said employers announced 72,184 job cuts in April, up from the 68,034 in March, but still down 51 percent from April 2003. ...
US job cuts up 6% in April
The Globe and Mail, Canada - 12 minutes ago
... 51 per cent lower than the same month a year earlier, when the US labour market — deep in the throes of a downturn — saw 146,399 planned job cuts announced ...
Posted 04 May 2004 - 10:23 AM
SorryI thought your TV was broke.......if not please break it......stop the brain washing
TV came back on
Posted 04 May 2004 - 10:25 AM
Geez Im feeling bearish today
Hope that isnt a bad thing
But when I see them chasing COF and KRB while the HGX crumbles ...
"If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered." --- Thomas Jefferson
Posted 04 May 2004 - 10:27 AM
*DJ Fitch Affirms GM, GMAC; Outlook Remains Negative >GM
Dow Jones Newswires
Posted 04 May 2004 - 10:35 AM
Window now closed we will take it a good one-the Pig flies alonr for a bit!
Posted 04 May 2004 - 10:36 AM
I've been looking at the hgx components for short ideas:
hov potential of 35-> 24
usg 14 -> 5
Anybody else looking in this area?
Posted 04 May 2004 - 10:59 AM
Palix - I lreally ike the set-up on USG.... thanks for the insights...I just put in a short order at 13.80 ...see if I get filled.
"No matter what happens, I will look back and smile" - Beardrech
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