China manufacturing was light, over in Japan Abe continues to love his printing press and Europe had some decent numbers led by Germany. Yesterday, European car sales were higher led by Spain. The Fed continues to day trade the economy as they barked out some taper silliness yesterday. The market sold off. Someday the market won’t care. Futures are up modestly.
Today we see initial jobless claims, PPI and Philly Fed.
$ANF reported and the number sucked. Their move from eight pack abs to pot bellies hasn’t caught on yet.
Shoppers are already camping out for Black Friday. Someone please get these people help.
In the chatter mill, $YHOO is rumored to buy, Pintrest, Snapchat, Buzzfeed or Business Insider and some small countries.
Solar and 3D stocks are under some pressure and this week has basically sucked for trading.
I feel like we go higher today though. Good luck out there.
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