The market is off early this morning, as the economic news streaming from our government has been pretty dismal. The manufacturing reports this morning confirmed the manufacturing segment of our economy remains tattered and in a shambles, as inventories pile up and new orders vanish. The week should be one where more negative news will be the norm…of course, that does not necessarily mean the market will head south, as the traders have shown an appetite for equities of late, despite the bad news.
I would also like to wish everyone a Merry Christmas and hope next year will profitable for us as we match wits with the markets. All the best….
