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Friday, February 12, 2010

good news? or bad news? why will the market go down ?

January retail sales numbers. Such sales increased 0.5%, which was higher than economists' previous expectations of a 0.3% increase. December retail sales were adjusted upward, but sill at a 0.1% decrease, compared with the previously reported 0.3% drop.

Initial unemployment claims fell 43,000 to 440,000 in the most recent week, beating the expected 12,000 decline. Continuing claims dropped to 79,000, the lowest level in over a year.

it's good or bad news, it's real or not.

so which direction should we choose, up or down?

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