tyb
Track ANY Stock here
https://www.secform4.com/
U.S. factory orders barely rise; shipments fall further
WASHINGTON (Reuters) - New orders for U.S.-made goods rose less than expected in January and shipments fell for a fourth straight month, offering more evidence of a slowdown in manufacturing activity.
Factory goods orders edged up 0.1 percent, the Commerce Department said on Tuesday, held back by decreases in orders for computers and electronic products, after rising by the same margin in December.
There were also declines in demand for primary metals and fabricated metal products.
Economists polled by Reuters had forecast factory orders rising 0.3 percent in January. Factory orders increased 3.8 percent compared to January 2018.
Shipments of factory goods fell 0.4 percent after dropping 0.2 percent in December. They have now declined for four consecutive months, the longest streak since mid-2015.
Factory orders are likely to remain soft as unfilled orders rose only 0.1 percent in January after dropping for three straight months.
Stocks at manufacturers jumped 0.5 percent in January after edging up 0.1 percent in the prior month.
The release of the report was delayed by a 35-day partial shutdown of the federal government that ended on Jan. 25. U.S. financial markets were little moved by the data.
Reports last Friday showed manufacturing output fell for a second straight month in February and factory activity in New York state hit nearly a two-year low this month.
Manufacturing, which accounts for about 12 percent of the economy, is losing momentum as the stimulus from last year's $1.5 trillion tax cut package fades. Activity is also being hampered by a trade war between the United States and China as well as by last year's surge in the dollar and softening global economic growth, which are hurting exports.
In January, orders for machinery rose 1.5 percent after falling 0.4 percent in December. Orders for mining, oil field and gas field machinery fell 2.7 percent after tumbling 8.2 percent in December.
Orders for electrical equipment, appliances and components rebounded 1.4 percent after dropping 0.3 percent in December. Computers and electronic products orders fell 0.9 percent after decreasing 0.4 percent in December.
Orders for primary metals declined 2.0 percent and fabricated metal products orders fell 0.6 percent. Transportation equipment orders increased 1.2 percent in January, slowing from the prior month's 3.2 percent rise.
https://www.marketscreener.com/news/U-S-factory-orders-barely-rise-shipments-fall-further–28193136/?countview=0
seen that a few times and IDK
"Big Fat Buyers' Strike 2.0": Traders With $557 Billion Boycott The Market
One of the more bizarre observations to emerge over the past three months has been that despite the torrid rebound in stocks so far in 2019, culminating with the best January for the S&P since 1987, investors had generally shunned US equities, selling stocks when they should be buying as the following recent chart from Bank of America demonstrated.
This perplexing behavior seemed to resolve itself last week, when EPFR reported that after a record stretcd of outflows, skeptical investors finally threw in the towel and bought a whopping $27.3Bn of US stock funds and ETFs in the week ending on March 13th. This was the second largest inflow on record, behind $38.30bn from March of last year.
And yet, following the publication of the latest BofA Fund Manager Survey titled "No Stocks Please, We're Skittish", and which came one month after CIO Michael Hartnett published the February FMS titled "My Big Fat Buyers' Strike", we get a conformation that this sharp inflow may also have been an outlier, because as Hartnett writes, not only has there not been any improvement in investor sentiment, and investors continue to slash exposure to stocks while allocating to bonds and cash, but traders managing over half a trillion dollars in AUM continue to boycott the rally.
Here are some of the key findings from the latest survey which polled 186 respondents who manage $557 billion in asets under management.
First and foremost, the allocation to global equities tumbled again, and after dropping from 12% to just net 6% overweight in February, the lowest level since September 2016, in March the global equities allocation fell again, down 3% to just 3% overweight, the lowest since Sept '16. Should the allocation to equities drop by another 4%, it would be a historic event: as BofA notes, the equity allocation has only been negative once in the past 6 years.
What is paradoxical, is that this observation once again confirms that nobody has any faith in the current rally, which may indeed be simply a lingering artifact of Steven Mnuchin calling in the Plunge Protection Team in late December.
Yet what is perplexing is that investor appetite for stocks has collapsed even as Wall Street sees the broader investing environment as one of the best in years.
First, there is soaring market liquidity: the extremely easy central bank policy backdrop is the primary driver of improving macro sentiment; note 39% of FMS investors now think liquidity conditions are positive, up 16% MoM again and the biggest 2-month improvement since QE3.
https://www.zerohedge.com/news/2019-03-19/big-fat-buyers-strike-20-traders-557-billion-boycott-market
ty anon for clearing that up. Seen that a few times over last several months.