Tuesday, March 29, 2011

Exchange Goes Crazy Durable Goods Report | Economic Indicators


The stock market has gone mad today today positive durable goods report. Dow Jones Industrial Average ended the day up nearly 200 points. NASDAQ closed day, more than 50 points to close yesterday. There are many things that are here that any investment strategy should be considered.

First of all, this rally is not likely to last. Short-term traders can take advantage of this to guide the development, then a short coming on Monday. But many experts believe that this is temporary, as investors and traders should be this way.

Durable goods report was positive. Overall, negative numbers, but when you filter the transport sector, which is very unstable, adjusted for the number was positive last month. It 's a good sign, but can not be interpreted as the economy grows more than what they said.

Major investment banks emerged in the economic growth of between 1.2% discount for the rest of the year. And the great investors like Warren Buffett came out and said that while the economic recession was officially declared in June 2009, we are still functionally recession.

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