Business Spending Dives, Durable Goods Orders Fall, Recession Looms

Business Spending Dives, Durable Goods Orders Fall, Recession Looms






Business Spending Dives, Durable Goods Orders Fall, Recession Looms $DIA, $SPY, $QQQ, $VXX Orders for big-ticket manufactured goods dipped in September as a Key category that tracks business investment fell by the largest amount in 7 months. Orders for durable goods edged down 0.1% in September after gains of 0.3% in August and 3.6% in […]






Apple (NASDAQ:AAPL) has Limited Supply of New iPhone7

Apple (NASDAQ:AAPL) has Limited Supply of New iPhone7






Apple (NASDAQ:AAPL) has Limited Supply of New iPhone7 $AAPL If you are looking to buy Apple’s (NASDAQ:AAPL) new iPhone7 smartphones Friday you has better have ordered ahead. As some stores sold out, leaving those who purchased online with the best chance to get the latest models. Apple stores around the world turned away customers who […]






The Week Ahead on Wall Street

The Week Ahead on Wall Street






The Week Ahead on Wall Street $BF.B, $CRM, $AVGO, $CPB, $HRB There are only 5 members of the S&P 500 scheduled to report earnings this week, they are: Brown-Forman Corp. (NYSE:BF.B) and Salesforce.com (NYSE:CRM) Wednesday, and Broadcom (NASDAQ:AVGO), Campbell Soup Co. (NYSE:CPB) and H&R Block (NYSE:HRB) Thursday. Economic reports The week’s 1st notable economic report […]






Key Economic Data Does Not Reflect Pending ‘Disaster’

Key Economic Data Does Not Reflect Pending ‘Disaster’






Key Economic Data Does Not Reflect Pending ‘Disaster’ $DIA, $SPY, $QQQ, $VXX July New Home Sales and August Philadelphia Fed NonManufacturing Survey Home Sales: +12.4%/ Philly Fed: -4 points; Orders: -14.9 points The Big Q: With housing and hiring looking really good, where is the economic disaster we keep hearing about? The notion that the […]






US Manufacturing Pressured By Strong USD Fell in June

US Manufacturing Pressured By Strong USD Fell in June






US Manufacturing Pressured By Strong USD Fell in June $DIA, $SPY, $QQQ, $VXX New orders for US factory goods fell for a 2nd month running in June on weak demand for transportation equipment and capital goods The US Commerce Department said  Thursday that new orders for manufactured goods declined 1.5% after a Southwardly revised 1.2% […]






Ominous Business Indicator, Machinery Orders Soft

Ominous Business Indicator, Machinery Orders Soft






Ominous Business Indicator, Machinery Orders Soft $DIA, $SPY, $QQQ, $VXX US business spending intentions weakened in April for a 3rd month running on soft demand for machinery, but a surge in contracts to purchase previously owned homes to a 10-year high supported views economic growth was gaining speed. The growth picture was further boosted by […]






Ferrari F12Berlinetta Production Comes to an End, No More Orders

Ferrari F12Berlinetta Production Comes to an End, No More Orders






Ferrari F12Berlinetta Production Comes to an End, No More Orders $RACE The “Can not order new F12 anymore” thread is exactly what it sounds like. Several members of the “chat” have posted about how their local Ferrari dealership cannot take any more F12Berlinetta  orders, this word is coming directly from the factory in Maranello. Now […]






The Week Ahead On Wall Street

The Week Ahead On Wall Street






The Week Ahead On Wall Street $AAPL, $BA, $CVX, $DD, $MMM, $PG, $UTX, $XOM This week about 200 members of the S&P 500 will report earnings to Wall Street. Included are DJIA components: Apple (NASDAQ:AAPL) on Monday; 3M (NYSE:MMM), Du Pont (NYSE:DD) and Procter & Gamble (NYSE:PG) Tuesday On Wednesday, Boeing Co. (NYSE:BA) and United […]