SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 371.65-1.1%Nov 17 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TobagoJack who wrote (77144)8/1/2011 1:46:24 PM
From: 2MAR$  Read Replies (1) of 217837
 
Noted Platinum & Palladium up early and Ag really give them the "one finger salutation" and with that gesture finished has pulled back off 1634

Its trading like they're about to get news of the Credit downgrade ...as stated S&P wanted to see $4Trill knocked off the debt & what they're hearing is $900mil with 2Tril to be debated later which leaves a good risk of this happening now ..not the end of the world if the US loses its cherry but there you are & alot of traders think its already a fait accompli . ...this would definitely take the S&P down to test that 1260 now.

The ISM manufacturing report was at its lowest level in three years, though the construction spending report was slightly higher than expected. The mildly positive construction news was greatly outweighed by the magnitude of the miss of the ISM report, turning the market lower. The averages fell apart, with the Dow hitting triple digit losses, leaving the sellers in control at the mid-point of the day... Manufacturing sector growth slowed more than expected in July, as the Institute for Supply Management index fell to 50.9, below expectations of 54.5. The ISM Prices Paid index fell to 59.0, versus the expected reading of 64.4. Construction spending increased 0.2% in June, while analysts expected an increase of 0.1%...



Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News