📈 Be Aware of This Data

This will move the market

Manufacturing PMI Today

Today at 10:00 AM we have important data - Manufacturing PMI.

This data tells us the demand that factories are getting for their products. It is a leading indicator for GDP as it gives us a sense of how suppliers are performing, which correlates downstream with product/service sales.

Number to Watch

We are looking for a number over 48.4.

This would show an improvement over our last reading.

A weak number could cause a sell-off as investors fear a slowdown in GDP.

Also keep an eye on the bill auctions at 11:30.

Watch this weekend’s video for sectors and stocks to focus on this week: