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Previewing Today's Economic Reports
Tuesday, May 31, 2011 - 9:26am | 143Read More...Stock market futures are soaring on news of a potential second Greek bailout program, as well as better than expected economic news out of Japan. There are two important economic reports coming out in a little bit that will greatly impact the trading day. The most important number is the Chicago...
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Benzinga's Morning Laugh, March 31, 2011
Thursday, March 31, 2011 - 9:56am | 30Read More...Here's today's morning laugh. Police are looking for a "Gingerbread Man" or "Gingerbread Men" in the matter.
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Jobless Claims Drop As Chicago PMI Soars, But Is It Enough?
Thursday, December 30, 2010 - 3:31pm | 389Read More...The big news today is that jobless claims have dropped to its lowest number since July 2008. The U.S. Department of Labor said that 388,000 people filed claims, down from 422,000 filed the previous week. At the same time, the Chicago PMI (an index that gauges manufacturing activity), has blown away...
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Chicago PMI Blows Away Expecations
Thursday, December 30, 2010 - 10:48am | 56Read More...Chicago PMI data was just released and it blew away expectations. For the month of December, Chicago PMI came in at 68.6, versus an expected reading of 61.5. November's PMI was 62.5. Stocks are starting to move higher on the strong manufacturing data, with the Dow up 6 points, the S&P up 1...
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Chicago PMI Better Than Expected
Tuesday, November 30, 2010 - 10:46am | 55Read More...Chicago PMI was just released, and it came in than better than expected. Economists expected a reading of 59.6, and it came in at 62.5. Stocks are reacting positively to the news, but still down sharply on the day. The Dow was down 68 points, the S&P was off 9 points and the NASDAQ was lower...
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Chicago PMI Much Better Than Expected
Friday, October 29, 2010 - 9:53am | 53Read More...Chicago PMI was just released and it was much better than expected, showing a reading of 60.6. Expectations were for a reading of 58.0. September's PMI was 60.4, so it appears the manufacturing sector in accelerating. At last check, the Dow was down 7 points, the NASDAQ was up 5 points, and the S...
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Chicago PMI Shows Expansion (AA, X)
Tuesday, August 31, 2010 - 10:04am | 88Read More...The Chicago PMI in August was 56.7 versus the 57.0 consensus estimate. In July the reading was 62.3. A reading over 50 indicates expansion in the sector. The employment component of the index fell to 55.5 from 56.6 in July. New orders fell to 55.0 from 64.6 in July. The Chicago PMI survey registers...
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Doug Kass Sees Markup Shenanigans From Strong Economic Numbers
Friday, July 30, 2010 - 10:04am | 44Read More...Notorious short seller Doug Kass just tweeted that he sees the potential for a markup in the markets later today after strong economic numbers. The Chicago PMI and Consumer Confidence numbers both came in above expectations.
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Chicago PMI In-Line
Wednesday, June 30, 2010 - 10:38am | 135Read More...The Chicago Purchasing Manager's Index for June came in as expected. The reading was 59.1 versus the 59.0 consensus estimate. The Chicago PMI had a reading of 59.7 in May. A reading over 50 indicates that manufacturing is in expansion mode. However, this was the second month in a row that the...


