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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (5690)6/7/1998 11:59:00 AM
From: Sergio H  Read Replies (1) | Respond to of 29382
 
Max and thread, a look at economic statistics point to a strong market, at least short term:

*Construction Spending for April rose +0.8%
*New Home Sales rose +5.2% in April to a record Annual Rate
*April Leading Indicators rose 0.1%
*Vehicle Sales for May rose 12%
*Jobless Claims rose 30,000 to 339,000
*Factory Orders for April rose 1.2%
*First Quarter Productivity revised to +1.1% from dismal +0.2%
*Unit Labor Costs grew +3.1% - Same As Fourth Quarter
*Same Store Retail Sales for May exceptionally strong
*Consumer Credit for April rose 5.3%
*Unemployment Rate unchanged at 4.3%

Sergio
ps Another hot air post. :-)