The Market Ticker – So How Did ‘Ya Like That ISM Number?

By Market Ticker on September 1st 2010

A better question is, "do you believe it"?

Manufacturing continued to grow in August as the PMI registered 56.3 percent, an increase of 0.8 percentage point when compared to July’s reading of 55.5 percent. A reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally contracting.

Expansion . . . → Read More: The Market Ticker – So How Did ‘Ya Like That ISM Number?

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Chicago PMI At 62.3 Versus Expectations Of 56 Print

By Zero Hedge on July 30th 2010

It appears the earlier market rumor about a Chicago PMI of 53.6 that sent the SPOOs another leg lower were incorrect. Now if only the administration can please reconcile the drop in the economy with the PMI surge all will be forgiven. In the meantime stocks keep trading from headline to headline. Categories posting improvement include . . . → Read More: Chicago PMI At 62.3 Versus Expectations Of 56 Print

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