6 replies to this topic

[redfoliage2]

I think big players on the Wall Street knew the durable goods order numbers yesterday and they bought on the rumor. So it's understandable why market held firm after the housing data and ramped up later in the day.

Edited by redfoliage2, 25 April 2007 - 07:42 AM.

[caspary]

I think big players on the Wall Street knew the durable goods order numbers yesterday and they bought on the rumor. So it's understandable why market held firm after the housing data and ramped up later in the day.

there's new home sales coming and I think it is more important, I might be wrong

[briarberry]

hello - the consensus did mention it, from yesterday... Markets are expecting a boost in overall durables in March due primarily to a sharp increase in aircraft orders already made public by Boeing

[briarberry]

yes New home sales is going to be interesting because I think the figure will be flat compared to the prior but the consensus is for a bounce ?


Durables

Excluding the volatile transportation component, new orders rose 1.5 percent, following a 0.4 percent decline in February.






http://www.paperdine...x?id=CSXR&yoy=0

Edited by briarberry, 25 April 2007 - 08:14 AM.

[briarberry]

new home sales, 858k = 10k above the prior (revised from figure)

30k under the lowest estimate

http://www.briefing....micCalendar.htm

[briarberry]

Fed watch - looks like the banks just got net £16 billion (not sure but probably not the best day to be short?)

http://www.ny.frb.or...mo/dmm/temp.cfm

http://www.gmtfo.com...ader/OMOps.aspx

[briarberry]

*DJ Fed Cancels Overnight RPs (END) Dow Jones Newswires