S&P/Case-Shiller Composites Fell in March
10 city composite fell -0.4% and 20 composite fell 0.5% in February. Keeping in mind that this is 3 month rolling average. Chart 1. S&P/Case-Shiller Composite 10 Chart 2. S&P/Case-Shiller Composite 20
Global Macro Perspectives
10 city composite fell -0.4% and 20 composite fell 0.5% in February. Keeping in mind that this is 3 month rolling average. Chart 1. S&P/Case-Shiller Composite 10 Chart 2. S&P/Case-Shiller Composite 20
Consumer Confidence came out at 63.3 vs. 59.0 consensus and 57.9 for April. Large positive surprise. Chart 1. Conference Board Consumer Confidence
The resistance at 1060 (or so) is broken, it looks we will be fast at 900. Chart 1. S&P 500 Weekly
We had 18 more natural gas drilling rigs operating and 6 crude oil operating rigs less for the week ending May 21 in the U.S. Chart 1. Baker Hughes U.S. Rig Count Change Chart 2. Baker Hughes Weekly U.S. Rig Count Chart 3. Baker Hughes Monthly World Rig Count