Joshua Hayes Big Wave Trading

 

Economic Data Dominates Morning Trade as Stocks Close Lower

November 24, 2009

Wall Street was able to withstand the onslaught of economic data to finish near the highs of the day.  GDP revision to the downside was not a surprise as many expected the revision to come in at 2.8%, but the story was how 2.8% achieve.  With consumer spending down .5% it was mostly government borrowing [...]

Economic Data Dominates Morning Trade as Stocks Close Lower

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