Hey folks. Sorry for the late post this morning. I know a lot of you depend on these posts for updates, but I've been on the phone doing interviews all morning about the jobless claims number. I'll update you on the data in a bit.
Overseas action--Well, let's give a hand to China where the Shanghai Composite exploded for a 4.8% gain last night. The Hang Seng joined the party, as well, by advancing 1.2%. Not bad at all for the Asia markets.
Here in the United States--all eyes on the jobless claims and retail numbers (more throughout the day), as we get set for the BIG payroll number tomorrow morning.
It's going to be exciting today--stay tuned and check back often.
Talk to you,
Todd M. Schoenberger, Managing Director
LandColt Trading, Inc.