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ISM Miss Kills Rally
Monday, August 1, 2011 - 11:40am | 80Read More...The July ISM was released earlier and it missed by a huge margin, coming in at 50.9, versus estimates of 54.5. Combined with a weak ISM, a sell the rally mentality and news out of the Congressional Budget Office this morning that the debt deal will not really cut the deficit at all, the markets...
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Could Fastenal Be The Nuts & Bolts Of Your Portfolio?
Tuesday, July 12, 2011 - 8:40am | 547Read More...Fastenal Co. (NASDAQ: FAST) reported second quarter earnings this morning that beat Wall Street expectations, which could be a good sign for the manufacturing sector this earnings season. Fastenal, based in Minnesota, touches nearly every segment of the manufacturing sector with its nuts, bolts...
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ISM Comes In BetterThan Expected, Stocks Rise
Friday, July 1, 2011 - 10:01am | 50Read More...The June ISM manufacturing index was just released, and it came in better than expected, sending stocks higher. The reading came in at 55.3, versus expectations of 51.1. Stocks are higher after the release. The Dow is up 58 points, the NASDAQ is better by 12 points, and the S&P 500 is up...
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Previewing & Trading Today's Economic Reports -July 1, 2011
Friday, July 1, 2011 - 8:07am | 307Read More...Despite today being the day before a long weekend, there is a lot of market moving data coming out today, with the key reports being the Michigan sentiment and the ISM data out 30 minutes into the start of trading. At 9:55 a.m., the final reading for June Michigan sentiment is going to be released...
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News Summary for June 3, 2011
Friday, June 3, 2011 - 8:55am | 334Read More...This is your Benzinga news summary and trader's outlook for Friday, June 3, 2011, covering headlines from last night and Friday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are showing losses after disappointing employment data was announced at 8:30 a.m. ET. Non-...
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Economic Data Mixed, Stocks Sell Off
Wednesday, June 1, 2011 - 10:04am | 108Read More...A couple of economic data points were just released, and both were weaker than expected, adding to the bevy of weaker than expected economic data points as the economy appears to be slowing. The May ISM number was just released, and it came in much weaker than expected, helping to add to market...
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Manufacturing Continues To Shine (XLI)
Monday, May 2, 2011 - 12:51pm | 146Read More...The Institute for Supply Management showed this morning that U.S. manufacturing continues to grow, growing for a 21st straight month, as demand for U.S. goods continues to rise, thanks in large part to a weak U.S. dollar. April ISM came in at 60.4, versus estimates of 59.9. A reading of 60.4 is...
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March ISM Comes In At 61.2 Versus 61.0 Estimates
Friday, April 1, 2011 - 10:00am | 42Read More...March ISM comes in at , versus the expected reading of 61.0. The prior reading was 61.4. The prices paid component for the ISM was 85.0, versus expectations of 83.0. Construction Spending for February was also released, and it came in at -1.4%, versus expectations of -0.1%.
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ISM, Construction Spending Mixed
Tuesday, February 1, 2011 - 11:01am | 70Read More...January ISM and December construction spending were just released, and results were mixed. January ISM came in at 60.8, versus expectations of 58.4. December's report was 58.5. Prices paid came in at 81.5, much higher than expected. December construction was expected to fall 0.4%, and it fell 2....
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Previewing Today's Economic Reports
Monday, January 3, 2011 - 9:28am | 94Read More...There are a couple of major economic reports due out on the first day of trading in 2011, and the market will most certainly be paying attention to what the reports say. At 10 a.m., construction spending for the month of November is expected to show a rise of 0.2%. The major report is the ISM...
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Important Washington Events Next Week
Thursday, December 30, 2010 - 4:40pm | 208Read More...Just because the year is coming to a close tomorrow doesn't mean that Washington and the economy is going into an off season. Next week, Congress picks back up into gear, returning from their holiday break with some very important economic data being released. The first day back to work for...
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ISM, Construction Spending Better Than Expected
Wednesday, December 1, 2010 - 11:04am | 74Read More...ISM manufacturing was just released and it came in better than expected, as did construction spending. November ISM came in 56.6 versus economists expectations of 56.5 October construction spending rose 0.7% versus expectations of -0.5% Stocks are sharply higher after these numbers, helped by...
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ISM, Factory Orders Better Than Expected
Wednesday, November 3, 2010 - 10:03am | 59Read More...ISM services and factory orders were just released, and both numbers were better than anticipated. ISM services came in at 54.3 versus expectations of 53.4. Factory orders were up 2.1% versus the 1.7% rise economists were expecting. The broader markers were muted in their reaction to these...
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Two ETFs To Benefit From A Strong ISM (XLI, IYJ)
Monday, November 1, 2010 - 12:42pm | 260Read More...The ISM was released this morning for the month of October, and it came in better than expected, at a reading of 56.9. This was far higher than the 54.4 economists had expected. Any reading above 50.0 indicates expansion, and there are a couple of ETFs that will benefit from a strong...
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October ISM Better Than Expected
Monday, November 1, 2010 - 10:04am | 83Read More...The October ISM number just came out and it was better than expected, and stocks are higher as a result. October's ISM rose to 56.9, versus an expected reading 54.0. It rose from September's reading of 54.4. September construction spending rose 0.5%, versus the consensus of -0.5%. Further...




