“Had they left IBM where it was, the index easily would have been 1,500 points higher during that time. But how can you give them praise or blame? They are just making up an average.”
“the Philadelphia Feds manufacturers report for September revealed that despite a sharp slowdown, its prices paid index surged 257 points.”
“This index is designed so that readings over 50 point to expanding activity in the Midwest factory sector.”
“Without China's goods exports, the U.S. CPI (consumer price index) should have risen about two (more) percentage points.”
“Last week we saw earnings pre-announcements and a higher-than-expected producer price index move stocks. Next week, we expect more earnings surprises and the CPI to provide the volatility.”
“I think the index can reach 5,000 points in the next 12 months if companies continue to perform well and we get new listings.”
“Further consolidation in the index is likely before it moves any higher.”
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