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Daily Archives: September 1st, 2010

Market Jumps On Better Manufactoring Data: SPX, Nasdaq, CLF, WLT, JOYG, BUCY, AAPL, AMZN, NFLX, GOOG, AKAM

The market bolted out of the gate today and never looked back.  Last night, China reported a better-than-expected PMI number.  Today, our ISM Index also showed better-than-expected manufacturing activity.  As discussed in my Market Forecast this weekend, we paid extra attention to the mining sector.  Our trade in CLF turned an overnight profit of +60% [...]