CL Redux

Discussion in 'Journals' started by schizo, Oct 9, 2009.

  1. BCE

    BCE

    #19041     Apr 5, 2011
  2. BCE

    BCE

    ISM services-sector index falls to 57.3% in March


    10:02a

    ISM services-sector was 59.7% in February
     
    #19042     Apr 5, 2011
  3. Visaria

    Visaria

    short 790, sl 805
     
    #19043     Apr 5, 2011
  4. BCE

    BCE

    These markets are so bullish it seems that no matter what bad economic number comes out they just take a slight glancing blow and then proceed higher.

    Shakes his head.
     
    #19044     Apr 5, 2011
  5. BCE

    BCE

    But I guess from this perspective it wasn't all that bad.

    April 5, 2011, 10:03 a.m. EDT
    ISM services-sector gauge drops to 57.3% in March

    WASHINGTON (MarketWatch) - The Institute for Supply Management's services-sector index for March fell to 57.3% from 59.7% in February, the private group reported on Tuesday. Economists surveyed by MarketWatch expected the ISM services index to edge down to 59.0% last month from February's number, which was the highest level in six years. Any reading over 50% indicates that more firms are expanding than contracting
     
    #19045     Apr 5, 2011
  6. Visaria

    Visaria

    range less than a dollar today, would expect expansion one way or another...
     
    #19046     Apr 5, 2011
  7. BCE

    BCE

    April 5, 2011, 10:17 a.m. EDT
    Oil loses, gold inches up after ISM, GOP plan

    SAN FRANCISCO (MarketWatch) -- Crude-oil futures added to losses after data showed a drop for a key services-sector gauge and the Republicans in the House of Representatives proposed a budget plan with hefty spending cuts. Oil for May delivery (NEW:CLK11) retreated 59 cents to $107.81 a barrel on the New York Mercantile Exchange. Gold for June delivery (COMMODITIES:GCM11) , meanwhile, gained 20 cents to $1,433.30 an ounce on the Comex division of the Nymex. The Institute for Supply Management's services-sector index for March fell to 57.3% from 59.7% in February, the private group reported on Tuesday. Economists surveyed by MarketWatch expected the ISM services index at 59%. The House Republican plan would shrink government spending by $6.2 trillion in 10 years. It is expected to face fierce opposition.
     
    #19047     Apr 5, 2011
  8. Visaria

    Visaria

    gold gained 20 cents!!! ROFL
     
    #19048     Apr 5, 2011
  9. EON Kid

    EON Kid

    this is the megaphone pattern

    [​IMG]
     
    #19049     Apr 5, 2011
  10. Visaria

    Visaria

    Megaphone? As in it's shouting something to us?
     
    #19050     Apr 5, 2011