A lovely new morning to all as stock indexes continue an uptrend in thinner volume and metals settle. Bunch of reports this morning:
Initial Claims
Continuing Claims
Existing Home Sales
Philadelphia Fed
Leading Indicators
Natural Gas Inventories
News (CONFIRMATION BIAS ALERT):
- US stocks: Futures up as Fed, China given the brush-off MarketWatch - an hour ago MADRID (MarketWatch) - U.S. stock futures pushed modestly higher in early trading on Thursday as neither downbeat Chinese data, nor a perceived hawkish set of Federal Reserve minutes, swayed upbeat sentiment for markets, with an upcoming speech ...
- Apple ramps up spending on R&D As rumors swirl about new Apple products that may be on the way, one thing is for sure: The company is doubling down on research and development. That suggests Apple has much more in store than a new version ... San Jose Mercury News
- Yahoo Finance World of Warcraft may soon be a job-related skill
- The Feds Are Finally Going After One Of The Most Infamous Executives Of The Financial Crisis The Feds are planning on suing former... Business Insider
- Policy Blunders Push Europe into Depression - Evans-Pritchard, Telegraph
- France Blames Austerity for Economic Malaise - Liz Alderman, NYT
- Should We Put Ayn Rand on the Dollar? - Robert Tracinski, The Federalist