September Manufacturing ISM Beats Expectations, Rises Modestly

Tyler Durden's picture

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Ivanovich's picture

Apparently the robots like it.  I was watching ES and went "wtf!"

bankerboy's picture

wow...that's incrdible...you were watching ES...what an idiot

 

Ivanovich's picture

You forgot to add "I am" to the end of your statement. 

buzzsaw99's picture

dude, the game is live on the big board. lulz

Don Birnam's picture

ISM beat: As was the case last week, Dr. Copper is, once again, unconvinced.

Cu down ~2%, to $3.08, as of this writing ( after having briefly dipped to $2.98 earlier in the session ).

GeneMarchbanks's picture

Good excuse for the green to appear on my screen.

TradingJoe's picture

And we are green, but for how long?!?! :)))

Cassandra Syndrome's picture

Should be good for a 500 Point rally. If you are 1 of the 10 manufacturers left you would be happy as you have it nearly all to yourself now.

traditionalfunds's picture

This won't keep Paulson's customers from redeeming. Et al.

junkyardjack's picture

I think that lasted about 5 minutes.  Next rumor please

Cassandra Syndrome's picture

$500 Trillion Bailout coming from Nibiru in 2012

Screwball's picture

Good for about 16 pnts on the S&P and we are now green?  Wow!

I would have swore when I looked at the futures around 6:15 the S&P as down about 12.  So we got back almost 30 pnits since 6:15?  Or did I miss something?

Caviar Emptor's picture

We're saved! The world was hanging by a thread this morning, but our ISM muscle pulled us out!

Only one leetle detail: nobody to buy the stuff since we all either don't have jobs or might not have one soon. 

Oh and Prices "increasing at a faster pace" in the report? Not to worry! Ben's gonna pck up the tab ....what a groovy Fed Chairman!

The Swedish Chef's picture

My shorts raped on those numbers... Sometimes I think that investors generally are retarded. Let´s see how many points get shaven off by tomorrows opening bell.

marcusfenix's picture

kinda,sorta, but not really good news.

time to get on the holiday bump train to nowhere, just like last year.

it's the Santa Claus stimulus...

 

Cone of Uncertainty's picture

Fade the fuck out of this.

d00daa's picture

wow, great call.

your bull bias is going to lose you a lot of money.  it probably already has.

Cone of Uncertainty's picture

I'm going to Fade, your Fade, and you got fucked twice.

lunaticfringe's picture

When do we get the next piece of manipulated and revised data?

jdelano's picture

Production and employment expanding while demand is contracting.  That settles it.  The core of this country's problems has to be the deterioration of our education system.  We've reached a higher realm of stupid.      

Caviar Emptor's picture

Ah you noticed? That's what I call magic! Our economy was so great in the past that we've accumulated a large amount of 'Magic capital'.....Poof!

LookingWithAmazement's picture

Bye bye crisis, collapse, Armageddon. Told you so. Forget about Black October, growth is coming back. Merry Christmas. Boring world we live in.

d00daa's picture

market calls bullshit, fades ism in 15 min.

psssst, don't tell anyone:  the market is in the process of pricing in an unavoidable, deep recession, even though we haven't "formally" slipped into it yet.  we're just beginning the second leg down, we still have to wait for the beginning of the third leg for all of the numbers to completely collapse (500k+ initial claims prints, sub 40 ism, negative gdp, etc).

LookingWithAmazement's picture

AEP says:

"A US double-dip is not yet a foregone conclusion. America’s M3 money supply is last growing decently again at 5.6pc, which would in normal circumstances signal some recovery next year. The latest GDP and confidence data in the US have not been as bad as feared."

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/8802462/Protectionism-beckons-as-leaders-push-world-into-Depression.html

No crisis.

d00daa's picture

ECRI (which has never incorrectly called a recession - NEVER) says:

"We don’t make these calls lightly. When we make them, it’s because there’s an overwhelming objective message coming out of our forward-looking indicators. What is going on with the leading indicators is wildfire; it’s not reversible.”

http://www.zerohedge.com/news/ecris-achutan-says-us-entering-new-recession

one can only hope that you don't trade how you troll.  bear markets actually do exist.  really, they do.

slewie the pi-rat's picture

the japan JIT supply issues are o-v-e-r, BiChez!

  • "Japan supply chain issues are over, but exchange rates and raw material prices are hurting our profit." (Transportation Equipment)

we have it in MSM and zH print from an anon-i-mouse "respondent" no less!!!!

wheeee!!!!

arnie gunderson [  Fairewinds Associates, Inc | Leveling the Playing Field ]  sez the tent for fuk_u #1 is "almost ready" so that's a relief , eh? 

he is also pretty pissed that the fuking japanese are now incinerating radioactive stuff which would be treated elsewhere as nukuler waste which means all the fuking experts together, world-wide, would have no idea what to doodooo w/ it! 

arnie thinks the [moronic, suicidal and homicidal?]  japanese are making the environ-mental disaster bigger by just burning contaminated stuff.  but he has no cred in the nukuler industry b/c he doesn't publish non-stop disinfo & L-I-E-S!!!

speaking of which, the ISM nannies did a heluva job, here, brownie!  we coulda had a recession, for pete's sake!  now, we have green shoots!  if they don't put a boosty-bustier & lipstick on this sow, we mighta had calls for more LSAP QEIII!  now, we can just take over Niger, instead!

azzhatter's picture

some guy in north carolina made 7 tool boxes last month. rally on

Boxed Merlot's picture

I'm not looking forward to "the day of visitation", and would gladly accept a reprieve, and neither do I want to be unprepared as I most certainly am.

This is welcome news, but even the heart of a comatose patient beats on it's own occasionally. imo.

Seek justice, love mercy.

Georgesblog's picture

This is a continuation of the State of Emergency in Agriculture, declared in 1934. It is still in effect, today. At that time, the cities and manufacturing were presented as the solution to the crisis. The result is that people abandoned the land, and their independence with it.

http://georgesblogforum.wordpress.com/2011/06/26/land-wealth-vs-debt-pro...

asteroids's picture

"Everyone Lies" - House

karmete's picture

Well done! Thank you very much for professional templates and community edition sesli chat sesli sohbet