Conflicting Reports Dizzy Traders into Buying

Mortgage and Lending with The Federal Savings Bank/Lending in 50 states NMLS # 109616

Stocks had their ups and downs today as there was some conflicting news released this morning.  Initial jobless claims fell by 10,0000 last month to 316,000 claims representing their lowest level since September.  At same time durable goods orders and the Chicago PMI fell which does not bode well for manufacturing in the short run.  And if you were not already confused about the direct things were going in, consumer sentiment was up for the month.  Talk about a lack of direction.  The Dow undaunted closed up 24 points.


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