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Strategies & Market Trends : the Women of SI

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To: Rainy_Day_Woman who wrote (1593)3/1/2002 8:47:17 AM
From: Rainy_Day_Woman  Read Replies (1) of 1691
 
8:30AM: This morning, investors will be looking towards a few notable economic releases. The revised Michigan Sentiment numbers will be reported at 9:45 ET which is fifteen minutes after the market open. The consensus estimate is for a reading of 91.0 though a number materially above or below that level could move the markets accordingly. Just fifteen minutes after that, the ISM Index (Institute for Supply Management) will be reported at 10:00 ET. Here, the consensus expectation is for a reading of 51.0 and note that any number above 50.0 represents growth. The ISM Index was formerly called the National Purchasing Manager's Index and also carries enough weight to potentially move the markets.
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