|
PureBytes Links
Trading Reference Links
|
Anyone who says that economic data DOES NOT move the markets is an amatuer
and probably not a trader but an investor. Employment reports, Interest rate
changes, The Red Book Report, Inflation reports, etc, etc, etc..........
they all influence the markets, some more directly than others.
On Monday the DOW closed up over 180 points with over 1900 stocks on NYSE
closing up on the day with 180 plus stocks making new highs.......all this
occured
after the Inflation Report came in better than expected. Economic Data
effects buying and selling pressures more often than not.
William
|