Can we believe data on Durable Goods Orders

lilyflower

New U.S. orders for durable goods slipped 0.8 percent in March, far less than Wall Street expected, Commerce Department data showed on Friday.

but pay attention to the words following.
Durable goods orders have now fallen for seven months out of the last eight, the Commerce Department said. The sole rise in that period, in February, has been revised to 2.1 percent from the 3.5 percent previously reported.

If we keep Feb data unchanged. Then March data is -08.+ (-1.4)=-2.2.

QuickHand

in order to squeeze shorters, they will do whatever they can...
the market could touch in spx 950 in high possibility before mid of may...

nasa1100

data player!

licai5688