Daily Delphi

Post: Friday 11/1/13 | Daily Delphi

BlogsPit Talk › Friday 11/1/13 November 1, 2013, 6:50 am

THURSDAY RECAP
The last day of a long month. Yesterday's markets never saw the light of day. Weak European economic readings and Wednesday's FOMC decision kept pressure on across the board. The Dec S&P contract settled down -9.60 at 1751.00, Dec Crude settled down -.39 at 96.38 and finally Dec Gold plunged to 1323.70 down -25.60.

TODAY'S ACTION
9:00 AM CT
ISM Forecast 55.0 Prior 56.2
Construction Spending
1:00 PM CT
Auto Sales Prior 5.4M
Truck Sales Prior 6.5M

Overnight the Chinese PMI came out at a seven month high. Stateside, the Institue of Supply Management will be releasing its monthly manufacturing data today. And of course we're still in the thick of earnings season. The news out today will be focused on the ISM release, the Chinese data, and the markets continued reaction to Big Daddys Wednesday statement. Trade Strong


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