Investor Confidence Sends Stock Indexes to New Highs Ep. 53

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

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\\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
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