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Версія за 01:09, 26 жовтня 2015



Stocks struggled to a mixed finish on Monday, just days after the Dow rose above 11,000 for the first time since early May. That got a lot of media attention but while it is really just another number, and one that has been crossed before, it gets attention. Many traders to be able to even whole numbers like that as 'century' numbers. Often breakouts are more potent when they occur over whole even numbers like 10.00 or 25.00 on the stock as well.



"It's a number, can be challenging is a revision generally there is an atmosphere that that shows folks happened inside past," Peter Cardillo, chief market economist at Avalon Partners, told MarketWatch.

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Consumer spending remains strong in spite of the weak GDP and for putting cash into flow in the U.S. economy in spite of the sluggish GDP growth. "Comments from the Fed yesterday noted inventories are now at more respectable counts. People don't think the GDP number really means that much because happens is looking for a gain in momentum the actual world second quarter," Cardillo performed.

Installation was underway on another 3,000 MW of wind, an even that strained the existing transmission network's ability to transfer power from windy west Texas to larger metropolis cities like Dallas, San antonio and Dallas.

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