Archive for March, 2007

Buyers Step into Equities as Manufacturing Climbed for March

Friday, March 30th, 2007

The Chicago PMI reading for March was 61.7 and the expectation was a reading of 47.9. This better than expected reading for manufacturing has boosted equities. Another positive sign today is buying in technology.

The late-morning RSI readings from the CQG Custom QuoteBoard using 15-minute bars for the equity index derivative products are indicating mixed momentum […]

Thom Hartle’s View of Trading and the Financial Markets