Positive Fundamentals today.

Jobless Claims (week ended 10/18/2014)

– New Claims 283,000. Previous was 266,000
– 4-week Moving Average 281,000. Previous was 284,000.

This is still low.

 

Chicago Federal Reserve National Activity Index (September 2014)

– Level     0.47. Previous was -0.25
– 3 Month Moving Average  0.25. Previous was 0.16.

Both Employment and Production showed strength.

 
FHFA House Price Index (August 2014)

– month/month change +0.5%. Previous was +0.2%
– year/year change  +4.8%. Previous was +4.6%.

 
PMI Manufacturing Index Flash (October 2014)

– Level  56.2. Previous was 57.9

 

Leading Economic Indicators  (September 2014)

– Leading Indicators month/month +0.8%. Previous was +0.0%.

The gains in labor and production helped here.