US equities are up a small amount on a relatively slow day for the market
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Argonath Financial
US equities are up a small amount on a relatively slow day for the market. Perhaps Americans are going home early to celebrate Halloween, but there hasn't been a lot of action in the broad markets today. Regarding economic data, jobless claims dropped by 10,000 from the prior week - a good sign after a worse than expected ADP jobs number yesterday. The biggest surprise came from the Chicago Manufacturing Index, which jumped from 55.7 to 65.9 - the highest increase since March 2011. The results seem odd given most other manufacturing data has been worse than expected lately. It could just be a random blip this month due for significant mean reversion - or perhaps it's a signal of things to come. The increase was supposedly driven by automobile orders, but only time will tell if this is the start of an upswing.
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I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market...
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![Jay Soloff](https://assets.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBYUE9IiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--b8a49a13a10eac8827f8cf83bdb8cd20347f7c97/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lKYW5CbFp3WTZCa1ZVT2hOeVpYTnBlbVZmZEc5ZlptbHNiRnNIYVFISWFRSEkiLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--a788536266c8d052a67a95e113f2ebbff3ad0a97/82f2d84374b557bd2b5ccd93917d8c7e1379280233.png)
I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market...
Expertise
No areas of expertise