Tuesday, June 02, 2009

National Association of Purchasing Managers Report (ISM, Chart)

Five months up, good sign. The reading is now 42.8. Still weak, but improving.

The crash down which began in August, 2008 appears to be over. The next couple of numbers will be really important in determining market direction.

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Bob DeMarco is a citizen journalist and twenty year Wall Street veteran. Bob has written more than 500 articles with more than 11,000 links to his work on the Internet. Content from All American Investor has been syndicated on Reuters, the Wall Street Journal, Fox News, Pluck, Blog Critics, and a growing list of newspaper websites. Bob is actively seeking syndication and writing assignments.

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