A lot going on --believe it or not. Sure, yesterday's uptick was in higher volume but the trade level was only higher than the nowhere level the day before --still quite a bit below average. IBD TV says we're still in a correction. This morning we're looking at metals up and stocks slightly off.
Steady PMIs, sluggish China puts brakes on European shares European shares edged down on Wednesday after three days of gains as data showing China's economy was still stuttering offset some broadly reassuring European purchasing manager index (PMI) numbers. Data compiler Markit's monthly PMI figures, seen as good indicators of future growth, showed that while France's economy was still a…Existing home sales hit slowest pace since 2012. Why analysts aren't worried. (+ ... Christian Science Monitor - 3:03am The US housing market has cooled over the past several months, hampered by high mortgage rates and (like everything else), an unusually bad winter.
Why Even $1M May Not Be Enough for Retirement - Rodney Brooks, USAT
Census Bureau's Pattern of Falsifying Stats - John Crudele, New York Post
Eric Holder's Subprime Shakedown Destabilizes Banking - Editorial, IBD