Manufacturing Is On Fire

Manufacturing Is On Fire

Last week the primary manufacturing gauge, issued by the Institute for Supply Management(ISM), reached its highest level in fourteen years.  Is this a clear signal that the current economic cycle has plenty of fuel remaining or is this a sign of exhaustion?  Over the...
International Paper Begins To Lift

International Paper Begins To Lift

Shares of International Paper are breaking through a key overhead trendline this morning.  The stock’s 1.5% gain, just out of the top 10 S&P 500 gainers list, has pushed IP past heavy supply near the multi-week July and August highs.  A 10 week bottoming...
Cerner Stabilizes Above Major Support

Cerner Stabilizes Above Major Support

Back on August 3rd shares of Cerner Corp surged following a solid second quarter earnings report.  The healthcare/software company finished the session with a 6% gain after opening with a huge upside gap.  This powerful move pushed shares to a six month high leaving...