Today's data 2011-03-03 (strong data, strong up)

Initial unemployment claims dropped by 20,000 to 368,000 last week, the lowest level since May 2008, according to the Labor Department. Economists had predicted an increase of 9,000. New claims have been declining since Jan. 22 and have remained lower than 400,000 for three of the past four weeks. The four-week moving average--which is considered a more reliable indicator of the market--dropped 12,750 to 388,500, its lowest level since July 2008.


U.S. non-farm business productivity increased at a 2.6% annual rate in the fourth quarter as businesses increased production to feed rising consumer demand. Companies continue to expand their activity while maintaining their labor costs. The unit labor cost--which measures the direction prices are heading--fell at a 0.6% annual rate.


Retailers saw boosts in sales during February, the first month of the first quarter for most retailers. The month is also significant because it indicates demand and price acceptance for the retailers' new spring and summer merchandise. The 25 retailers that issue same-store sales--including Kohl's KSS, J.C. Penney JCP, and Saks SKS--are expected to show an overall 3.6% jump from a year ago, analysts predict.

(mostly positive data, market goes up strong)

Everything looks normal,  we are in right side of trend again.  I asked you sold. but also I asked you load. 

Time to enjoy the ride.  Hold tight. let's go !