Monday, May 2, 2011

Exchange Goes Crazy Durable Goods Report | Economic Indicators


The award has gone mad in the day on a positive sustainable goods report today. Dow Jones Industrial Average ended the day nearly 200 points. Nasdaq ended the day up over 50 points late in the day. There are several things happening here that all investments must consider.

Firstly, this rally probably will not last. In the short term traders can take this trend up, the shortest next Monday. But many experts believe that this situation is temporary and should therefore investors and traders play 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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