On Tuesday, shortly after the opening bell, the Institute of
Supply Management (ISM) reported that the non-manufacturing index
(NMI), which tracks the service sector of the economy, increased
1.1 percentage points in December to 55.0%, exceeding expectations
for a 54.3% reading. That follows last week's PMI report (
here), which missed expectations, coming in at 47.2 vs. 49.0%
expected (indicating a contraction for the fourth straight month),
and once again serves to demonstrate the divergence taking place
between the manufacturing and services economies - a key dynamic
that along with the resilient consumer, is serving to sustain the
overall economic expansion.
Recall that any NMI reading above 50% represents expansion while
anything below 50% indicates a contraction. The higher the reading
is above 50%, the faster the rate of growth. Additionally,
according to the ISM, an NMI reading above 48.6%, over time, is
usually indicative of an expansion of the overall economy.
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how far out you going
picked up 5k shares ugaz and gush hit hard looking ...
Posted by law6 on 10th of Feb 2020 at 01:55 pm
how far out you going to hold? UGA might be a better bet
that is funny
ES 60 min system
Posted by law6 on 4th of Feb 2020 at 10:58 am
that is funny
great charts
$Oil - Not quite down to my final Obj from the ...
Posted by law6 on 3rd of Feb 2020 at 07:48 am
great charts
On Tuesday, shortly after the
Posted by law6 on 7th of Jan 2020 at 10:45 am
On Tuesday, shortly after the opening bell, the Institute of Supply Management (ISM) reported that the non-manufacturing index (NMI), which tracks the service sector of the economy, increased 1.1 percentage points in December to 55.0%, exceeding expectations for a 54.3% reading. That follows last week's PMI report ( here ), which missed expectations, coming in at 47.2 vs. 49.0% expected (indicating a contraction for the fourth straight month), and once again serves to demonstrate the divergence taking place between the manufacturing and services economies - a key dynamic that along with the resilient consumer, is serving to sustain the overall economic expansion.
Recall that any NMI reading above 50% represents expansion while anything below 50% indicates a contraction. The higher the reading is above 50%, the faster the rate of growth. Additionally, according to the ISM, an NMI reading above 48.6%, over time, is usually indicative of an expansion of the overall economy.
Merry Christmas and Happy Hannukkah
Happy Holidays to All! Steve and Matt, thank you for ...
Posted by law6 on 24th of Dec 2019 at 12:18 pm
Merry Christmas and Happy Hannukkah All
watching
A symmetrical abc on ES would be around 3088.50 to ...
Posted by law6 on 4th of Dec 2019 at 12:55 am
watching
90 years ago 1929 crash
Posted by law6 on 24th of Oct 2019 at 12:31 pm
90 years ago 1929 crash
I tried to share a
Posted by law6 on 8th of Oct 2019 at 05:45 am
I tried to share a eule with you but was shot down lol
bingo ! Enjoy your weekend
ES Resistance Levels 2919 and 2926 with 2936 the larger ...
Posted by law6 on 4th of Oct 2019 at 04:38 pm
bingo ! Enjoy your weekend
right off your pivot MAGIC!
Posted by law6 on 24th of Sep 2019 at 02:11 pm
right off your pivot MAGIC!
i watch it and erx
ERY (3x Short XLE) ... setting up ... XLE is ...
Posted by law6 on 13th of Sep 2019 at 10:50 am
i watch it and erx
Dslv to 22 I think
What is Utrashort Silver ETF ?
Posted by law6 on 29th of Aug 2019 at 02:52 pm
Dslv to 22 I think
kwazee uvxy
Now what happened? Trump tweeted.
Posted by law6 on 23rd of Aug 2019 at 11:41 am
kwazee uvxy
i use them daily
BPSPX Renko
Posted by law6 on 15th of Aug 2019 at 10:20 am
i use them daily
lol
Posted by law6 on 14th of Aug 2019 at 04:04 pm
lol
oh ok get ya
did you mean 2875?
Posted by law6 on 14th of Aug 2019 at 01:56 pm
oh ok get ya now
did you mean 2875?
Posted by law6 on 14th of Aug 2019 at 01:33 pm
did you mean 2875?
watch 2859.63 the p of
Posted by law6 on 14th of Aug 2019 at 12:10 pm
watch 2859.63 the p of the CI trade, A = 2945, B = 2775.75, C = 2944.25, X = 2901.938, P = 2859.625, P2 = 2817.313, D = 2775
zb 30 bonds to 157
Posted by law6 on 1st of Aug 2019 at 09:23 am
zb 30 bonds to 157 looks good gold sold off crude dropped should be interesting day
yes
Looking at the chart of tlt. I see H&s top ...
Posted by law6 on 26th of Jul 2019 at 02:19 pm
yes