Stocks poised to rally - Richmond Fed Manufacturing index shows moderate growth – bullish for the stock market
Kirsten McLauren
Oct. 23, 2007

The stock market is poised to rise from a moderate growth signal from the Richmond Fed Manufacturing index. The dollar is also showing bullish signs. Fixed income securities will correct its recent explosive moves.

The stock index is in a snap back counter trend rally and can even test the highs established recently.

The liquidity in the economy is shrinking but as far the stock market is concerned there is no dearth of liquidity yet. The countertrend rallies are normally very violent. Data this week will make stock move rapidly up. The durable goods order is poised to show business spending is growing. That will boost dollar and the stocks further.

Stock market realizes the depth of credit related trouble from Merrill results and possibility of real estate depression
Sam Adelton
The Merrill result just confirms that we are looking at the tip of the iceberg as far as the credit related trouble is concerned. A sharp September drop in existing home sales confirmed the deep depression in residential real estate.
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UPS guidance, residential real estate price fall, rising bankruptcies – all point to a nasty recession – why is stock market so confident?
Alex Brown
UPS guidance, residential real estate price fall, rising bankruptcies – all point to a nasty recession – why is stock market so confident?
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History repeating – the classical disconnect between middle class common people and the rich shows a big bear market in stocks is here
Paula Ranske
Simply put, when the economy divides into two halves – the rich and the rest, the stock market and the economy goes into a downward cycle driven by the deflation.
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Stocks poised to rally - Richmond Fed Manufacturing index shows moderate growth – bullish for the stock market
Kirsten McLauren
The stock market is poised to rise from a moderate growth signal from the Richmond Fed Manufacturing index. The dollar is also showing bullish signs. Fixed income securities will correct its recent explosive moves.
READ MORE>>

Oil, gold, and stocks all on the retreat as liquidity and credit market troubles continue the financial meltdown slowly but steadily
Partha Chatterjee
These speculators put all the money they made from the Bush tax cut in speculating on oil, stocks, gold, and real estate. All the four profit instruments are collapsing.
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Reuters/University of Michigan index of consumer sentiment, due Oct. 26, may have dropped to a one-year low this month
Sam Adelton
Never before recession came with such overburden of debt. The recession can very easily slip into a depression-giving rise to deflation like never seen before.
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Better than expected durable goods order can help dollar rally this week
Karen Zuba
The US Dollar chart is showing signs of bullishness while every other fundamental is looking bearish like never before.
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Plummeting home sales ready to taker rates and the market lower
Leena Jacobs
Home sales in the U.S. dropped to a seven-year low in September. Consumer part of the economy counts for 70% of the overall economic activities.
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