composite

monsitj Oppenheimer’s “OPCO Bullish Composite” reached excessive optimism levels, according to its analysts. They said the optimism recorded “is being outweighed by bullish momentum, bullish seasonals, bullish leadership, and a general lack of evidence of a major market top.” The OPCO Bullish Composite ticker, which combines four popular surveys onContinue Reading

Monty Rakusen June Kansas City Manufacturing Composite Index: -8 vs. -2 in May. The slump was mainly driven by paper, plastics, machinery, and transportation equipment manufacturing. All M/M indexes were negative and fell from the previous month, except supplier delivery time and the price indexes. Expectations for future activity, though, remained expansionary.Continue Reading