Mixed economic data this
morning has stocks slightly higher. The
jobless claims number came in above expectations, with claims dropping by
10,000. Durable goods orders looked very
weak, with a 16% decline, but most of it was due to aircraft orders, which
always skews the volatility of that number.
Without the volatile transportation sector, orders were down less than
1%. Gold is up moderately and oil continues
its downward track as investors evaluate the effect of more Iranian oil on the
market. Interest rates are stable.
We’d like to take this
opportunity to wish you all a very Happy Thanksgiving. We are especially thankful for all of our
wonderful clients!
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