Existing home sales rise for third straight month (higher than expected):
http://www.cnbc.com/id/32103899Ford turns a profit:
http://www.cnbc.com/id/32088589Despite a weekly increase of 30,000 in jobless claims, the overall unemployment number falls:
http://www.cnbc.com/id/321021343M Profit Surges Past Estimates
http://www.cnbc.com/id/32088591AT&T Beats Profit Forecast, Wireless Growth Strong
http://www.cnbc.com/id/32088365NASDAQ (predominantly technology stocks) rising for 12th straight sessions:
http://www.cnbc.com/id/32087702The Stimulus is working.
Unemployment, which always lags 6 to 9 months behind recovery, will continue going up to about 10.0 to 10.5%, then begin to drop 6 to 9 months from now.
Just in time for the 2010 midterms.
The timing is working out great for Obama and the Democrats.