Monthly Archives: March 2011

The economic data from yesterday and today continue to point to a moderately improving economy. The weekly unemployment claims data has stabilized below 400K/week and the ADP report came in at 200K private sector jobs growth. When you include some … Continue reading →

Mark Perry has a very interesting chart on his blog about State and Local Tax revenues. It shows revenues will actually hit a new record in 2011. Inflation adjusted these revenues are probably still below the peak but probably not by … Continue reading →

Most of the data today has been very close to expectations. There has been very little change on the geo-political front also. So in the short run my views about the market are still the same that we will be … Continue reading →

 The market seems to be in a no man’s land at the moment. The tight range observed since Friday is indicating that traders do not feel very strongly about either direction at this moment. We have recovered from the downtrend … Continue reading →