Linked in had a surprising jump and after hours are up over 9%
The M2 money supply showed a quite a change to a -40.5 Billion from last week’s 26.4
Bloomberg released its consumer comfort index which came in at a -37.6 for week ending April 29 th
from a -35.8 the previous week which had taken it to a 4 year high. Personal finances and measure
of the buying climate were the two of the three components that were down indicating a current
somewhat pessimistic outlook by consumers
The EIA Natural gas report posted an increase in natural gas storage of 28 billion cubic feet(bcf) during
the week of april 27th, 30 billion was expected. This less than expected increase could indicate a higher
than expected demand as it settled up 4% to $2.34 per MMbtu
The San Francisco Fed president spoke today mainly addressing unemployment; his belief is that it is
high due to cyclical weakness, it was rather inconclusive
Thanks for checking in, we will do it again tomorrow