Good Morning
Both Housing starts and building permits were down this morning. Unemployment claims were up. Ben Bernanke is live at 9am this morning. That should really move the market. Today is a perfect day for the Fundamental traders, Good news across the board.
US retail says were better this year than last year. That could be caused by deeper discounts. Bank of America announced they are opening 20 new jobs in Dallas TX from the Countrywide Buyout. Merrill lynch announced a record loss from a 15 billion dollar write down for failed investments.
Good luck today.
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