Investor Confidence Sends Stock Indexes to New Highs Ep. 53

Published: Feb. 14, 2015, 5:32 p.m.


\n
\n\t* Friday 13th was not unlucky for Wall Street
\n\t* S&P 500 traded to an all-time record high
\n\t* The Dow closed above 18,000
\n\t* NASDAQ at almost a 15-year high
\n\t* Despite overall trend of weak corporate earnings
\n\t* Weak economic data does not dampen Wall Street's spirits
\n\t* Central Banks are behind the surge with excess liquidity
\n\t* Wednesday - Mortgage Applications plunged 9%
\n\t* Purchases declined 7% following a 2% decline prior week
\n\t* 10% decline in Mortgage Refinances
\n\t* Jobless claims up 25,000 from prior week
\n\t* Biggest back-to-back decline in Retail Sales since October of 2009
\n\t* Consumer Confidence is down 2 weeks in a row
\n\t* Business Inventories rose by just .1% contrary to expectations
\n\t* Inventory to sales ratio highest since July 2009
\n\t* Huge drop in Consumer Sentiment
\n\t* Jobs number is a lagging indicator
\n\t* Part-time economy is a double-edged sword
\n\nOur Sponsors:\n* Check out Ethos: ethoslife.com/GOLD \n\nPrivacy & Opt-Out: https://redcircle.com/privacy