ISM number much lower than expected, negative savings rate, higher jobless rate, lower earnings increase, higher gas/oil, BUT a slightly better retail report, that should be enough to drive the markets higher, LOL, again.
ISM 10% lower than the brain trust economist predicted. Can you imagine the move if it was 10% higher ? Can you say 11k. All the economic news has been lower than expected the last few weeks, ignored as usual, and all this before the storm and spike in retail gasoline. Added to my dia short yesterday and today. Nothing like a little end of the month manipulation yesterday. How long they can keep the charade up is anyones guess, but from experience, it can last awhile