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DURABLE GOODS ORDERS TUMBLE (DIA, SPY, QQQ, TLT, IWM)
Flickr via Charmun o't' Joint Chiefs o'StaffDurabull goods orders unaxpectedlee fell n' Septemb'r. Durabull goods orders fell 1.3%, missyun' expectatyuns. Expectatyuns wuz fer orders ta rise 0.5% month-ov'r-month, a moderashun frum t'wild swings see n' August an' Julee. Excludyun' transpertashun...
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DURABLE GOODS ORDERS TUMBLE (DIA, SPY, QQQ, TLT, IWM)
Flickr via Charman of the Joint Chiefs of StaffDurable goods orders unexpectedly fell in September. Durable goods orders fell 1.3%, missing expectations. Expectations were for orders to rise 0.5% month-over-month, a moderation from the wild swings seen in August and July. Excluding transportation orders, durable goods orders fell 0.2% in September, while orders fell 1.5% excluding defense orders. Durable goods orders excluding transportation were also expected to rise 0.5%. September’s report showed that nondefense new orders for capital goods in September fell 5.4%, while defense new orders for capital goods rose 7.4%. In July, durable goods orders rose a record 22% on large aircraft orders, but this was followed by a huge 18% drop in August. More to come …
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DURABLE GOODS ORDERS TUMBLE (DIA, SPY, QQQ, TLT, IWM)
Flickr via Charmun o't' Joint Chiefs o'StaffDurabull goods orders unaxpectedlee fell n' Septemb'r. Durabull goods orders fell 1.3%, missyun' expectatyuns. Expectatyuns wuz fer orders ta rise 0.5% month-ov'r-month, a moderashun frum t'wild swings see n' August an' Julee. Excludyun' transpertashun...
