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2020
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http://MikesDailyMarketReport.com: Initial Jobless Claims dropped this week to 787k from last week's revised report of 806k. We're also seeing Continuing Claims continue to decline, which is good news! Stocks are facing razor thin trading today, as Markets will close early today for New Year's ...
12/31/2020
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http://MikesDailyMarketReport.com: Manufacturing in the Chicago region improved in December, as the Chicago PMI rose from 58.2 November to 59.5 in December. Pending Home Sales continued it's decline into November, as it dipped another 2.6%. Stocks are trading in Positive Territory this morning....
12/30/2020
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http://MikesDailyMarketReport.com: The Case Shiller HPI showed a spike in Home Appreciation in October, when it jumped Up from 6.6% YoY appreciation to 7.9%. Stocks are in Mixed Territory, as trading continues to be light during the Holidays. The House brought up a measure to increase the Stimu...
12/29/2020
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http://MikesDailyMarketReport.com: There's no economic data to report today and this will be another light week in terms of Market Trading, as we continue thru the holidays. Stocks are Up this morning on President Trump's reversal on his stance of vetoing the Stimulus Bills, which contain a lot ...
12/28/2020
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http://MikesDailyMarketReport.com: The Core PCE, which is Real Inflation and used by the Fed, remained Unchanged on it's YoY data at 1.4%. The Initial Jobless Claims revised last week's report from 885k to 892k; however, this weeks report showed it declined to 803k. Durable Goods Orders revised...
12/23/2020
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http://MikesDailyMarketReport.com: The Final Q3 GDP rose slightly from it's initial reading from 33.1% to 33.4%. Consumer Confidence digressed a bit in December, as the index dropped from 92.9 (revised lower from 96.1) in November to 88.6. Existing Home Sales dropped from 6.86 million annualiz...
12/22/2020
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http://MikesDailyMarketReport.com: There are no economic data to report from the calendar today. Stocks are taking their queue from headlines news; and are currently in the Red, as Investors begin concern over a possible new variant of the coronavirus, which is being labeled as more contagious. ...
12/21/2020
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http://MikesDailyMarketReport.com: The Leading Economic Indicators Index rose 0.6% in November. Stocks are facing a lot of volatility today, as they face a Quadruple-Witching. Also, Congress is still working toward a Stimulus Package, along with a Government Spending Bill, in order to avoid a G...
12/18/2020
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http://MikesDailyMarketReport.com: Housing Starts rose in November to 1.547 million annualized units (up from 1.528 million in October). It's counter-part, Building Permits, rose to 1.639 million annualized units in November (up from 1.544 million in October). The Philly Fed Index, which measu...
12/17/2020
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http://MikesDailyMarketReport.com: Retail Sales declined a second continuous month in December, as it declined by 1.1%; as it's November's numbers were revised from +0.3% to -0.1%. Markit Manufacturing PMI dropped from 56.7 in November to 56.5 December; and it's Markit Services PMI dropped from...
12/16/2020
