Morning Notes- Economic growth jumps in November!

Hello Everyone,

Economic growth improved in November, according to the Chicago Fed national activity index which was released on Monday.

Index rose to .73 from .31 in October. The index is a weighted average of 85 different economic indicators, which is designed so that readings above zero indicate above-trend growth.

VIX  8% BELOW 10 ma     RSI  39.58      NEUTRAL

MARKET Trend:  NEUTRAL

Put/Call ratio .59       Above 1.20 Bullish, Below .40 bearish.

Chicago Fed National Activity Index 8:30 am 

Existing Home Sales 10:00 am

Earnings out today: DLIA,PNY,SCS

Dow Futures:  +58 pts    Oil: 56.27  -.85

Have a great trading day.

Posted to Stock & Option Scout on Dec 22, 2014 — 9:12 AM

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