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 : The Options Box -- Ignore unavailable to you. Want to Upgrade?


To: Jill who wrote (979)5/31/2000 8:40:00 AM
From: Jill  Read Replies (1) | Respond to of 10876
 
Today should be interesting. Probably some profit-taking, but OTOH, maybe a bounce when new homes show slowing. Thomson I Watch:

The US markets will likely give back some ground after yesterday's
substantial point gains. The S&P Futures are trading down 4.2 points,
while Fair Value is at negative 0.8 points.

* At 10:00 AM, the Chicago Purchasing Managers will release its
Purchasing Managers Index for the month of May. Market watchers will
compare this month's results with April's reading of 56.5. The
Chicago PMI is seen as a precursor to the National Association of
Purchasing Manager's Index, slated for release tomorrow.

* The Census Bureau will release the April New Home Sales figures at
10:00 AM. The Thomson Global Markets consensus estimate forecasts
that new home sales will decline to 940,000 from the previous month's
reading of 966,000.