Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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Jan 9 4:00 PM EST

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To: GROUND ZERO™ who wrote (34302)	6/29/2012 10:10:25 AM
From: Challo Jeregy	Read Replies (3) of 221579

Dow Soars 200 Despite Consumer Sentiment . . . . On the economic front, consumer sentiment dipped to 73.2 in June, according to the Thomson Reuters/University of Michigan's survey, hitting its lowest level this year. Economists polled by Reuters expected a reading of 74.1, unchanged from the preliminary figure. Consumer spending was flat in May for the first time in five months, according to the Commerce Department, while income rose 0.2 percent. The pace of business activity in the Midwest edged up to 52.9 in June from 52.7 in May, according to the Institute for Supply Management-Chicago's business barometer. A reading above 50 indicates expansion in the regional economy. All three major averages are on pace for their first concurrent June gains since 2004. cnbc.com

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