Consumer confidence index

CCI is to be released tomorrow at 10 a.m.
It seems that if the number is lower than expected the market goes up on an expectation of a bigger rate cut. If the number is higher than projected market goes down.

Expected Actual Nasdaq
Dec 27 88.6 88.60 (47)
Nov 27 90.50 87.30 +39
Oct 26 82.00 80.90 +53
Sept 25 104 99.80 +15

Anybody thoughts of what the number would be?

 

I anticipate the number to be far lower than the market expects

 

Something around 85, a few points below the market expectation, is my outlook.

 

I forgot my own projection - 82

 

Stocks had been trending lower. So will the "number".