Oil is up, retail sales are up, manufacturing is up. Its a trifecta of bull-ness.
In my opinion the big news for the day is the absolutely magical weather we are experiencing in upstate NY. It is a rare day, sunny, not humid, warm, clear as a bell, and with the tiniest hint of crispness. Its a day to start a romance. Its stunning.
Reuters: Wall Street closes at fresh 2009 high
...stronger manufacturing and retail sales data boosted commodity prices and shares of materials companies.Reuters: Oil jumps 3 percent as U.S. data lifts economic outlook
U.S. retail sales rose at the fastest pace in 3-1/2 years in August and New York State manufacturing activity hit a near two-year high, data showed, more signs that economic activity was improving.
No comments:
Post a Comment