Nothing of consequence left for the day..
Date | Prior | Current | Rating | |
PMI Mfg M/M | Oct-20 | 53.10 | 53.40 | C |
PMI Composite M/M | Oct-20 | 54.30 | 56.90 | C+ |
ISM Mfg M/M | Oct-20 | 55.40 | 59.30 | B- |
ISM Svc M/M | Oct-20 | 57.80 | 56.60 | C |
Factory Orders M/M | Sep-20 | 0.70 | 1.10 | C+ |
Construction Spending M/M | Sep-20 | 1.40 | 0.30 | C |
Redbook W/W | 11/3/2020 | 1.20 | 3.20 | C+ |
Jobless Claims W/W | 11/5/2020 | 751K | 751K | C |
Employment Situation M/M | Oct-20 | 661K | 638K | C+ |
Not a bad week.
Jobless Claims held steady at "too high" but better than we've seen. Prior was revised up to 758. Upward revisions have become pretty regular. Nothing I would consider huge, but consistent.
Construction spending moderated a bit but remains positive.
Redbook moved into solid territory for the week.
Services and Manufacturing remain in Solidly positive territory with ISM Mfg remaining at a recovery level of 59.3
Employment Situation was very good for October @ a net gain of 638K. Of interest, Private Sector was up 906K. U3 dropped below 7, participation rate is up a few tics and hourly earnings continue to climb. A very bullish report... as if anything could cause the equity market to go up after the crazee week we had.
A solid C+ for the week. Suck factor ermains at 6.5 with the jobless claims nearly twice accceptable.
Thanks much Tim.
Who could have thunk we might be up here 6 months ago!
Week in Review compilation Mar-November 2020
Started by metmike - Nov. 6, 2020, 12:53 p.m.
It's been a journey, and it ain't over.
Thanks for the list. Thats a lotta reports.