This Week’s Data
June existing home sales fell 3.9% versus expectations of a 2% increase.
The July Philadelphia Fed manufacturing index came in at -12.9 versus estimate of -8.0.
June leading economic indicators declined 0.3% versus forecasts of down 0.1%.
Rail traffic continues to improve (short):
Another argument against recession (short):
Cartoon of the day:
And even more:
News on Stocks in Our Portfolios
More quarterly earnings per share reports:
Nucor $.37 $.48
Sherwin Williams 2.17 2.11
Genuine Parts 1.08 1.08
Schlumberger 1.05 1.00
Strategic Stock Investments is to help other investors build wealth and benefit from the investing lessons he learned the hard way.