This Week’s Data
June new home sales fell 8.3% versus expectations of a 1.6% increase.
Weekly jobless claims fell 33,000 versus estimates of a 6,000 decline; seasonal adjustments continue to heavily influence these numbers.
June durable goods orders rose 1.6% versus forecasts of up 0.6%; however, ex transportation orders, they dropped 1.1% versus an anticipated increase of 0.2%.
What caused the $12 trillion budget shortfall (medium):
Geithner is up to his ears in the Libor scandal (short):
International War Against Radical Islam
Deception in the state department (medium):
Analysis of international hotspots from Stratfor (two 4 minute videos):
News on Stocks in Our Portfolios
More quarterly earnings per share reports:
Canadian Pacific RR $1.50 $1.46
T Rowe Price .79 .81
Suncor C.81 C.72
ConocoPhillips 1.22 1.29
CR Bard 1.62 1.63
3M 1.65 1.66
Colgate Palmolive 1.30 1.33
Sanofi Aventis E1.46 E1.37
CMI Group .74 .83
Strategic Stock Investments is to help other investors build wealth and benefit from the investing lessons he learned the hard way.