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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject5/10/2001 1:12:32 PM
From: besttrader   of 37746
 
13:00 ET Dow +59, Nasdaq -4, S&P +2.88: [BRIEFING.COM] Major indices remain mixed with the blue chip averages outperforming, bolstered by an encouraging showing from the retail sector and other economically-sensitive groups like basic materials, lodging, railroad, and homebuilding... With the April Retail Sales report due out tomorrow, and the FOMC meeting next Tuesday, retailers are expected to remain in the spotlight for the next several trading sessions... Aside from the retail sales data, the Univ. of Michigan Consumer Sentiment Index and April PPI data are also scheduled for release; hence, one can expect the data to be a driver of tomorrow's trading action... For added detail on Briefing.com's estimates, and consensus estimates, be sure to visit our Economic Calendar... NYSE Adv/Dec 1758/1162... Nasdaq Adv/Dec 1936/1594.
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