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Tams

A Report Driven Market

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We are back to the good old days?

 

Where the market action is driven by mindless reports !?!?!

 

 

today's action drivers:

 

Consumer Confidence

10:00 AM ET

 

FHFA House Price Index

10:00 AM ET

 

State Street Investor Confidence Index

10:00 AM ET

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tomorrow's prize:

 

 

 

Durable Goods Orders

8:30 AM ET

 

Personal Income and Outlays

8:30 AM ET

 

Jobless Claims

8:30 AM ET

 

Consumer Sentiment

9:55 AM ET

 

New Home Sales

10:00 AM ET

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plus dont you just love when reports are revised the next month again!

Makes you wonder why all the economists are not rolling in it.

(an old bug bear of mine is that one day a positive report drives the market up, the next day it will drive it down).

Its all about expectations, context and relativity - maybe i should have studied physics.

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