Robert Pavlik Durable Quotations

We'd like to see this number strengthen, however, estimates have been revised lower, which is possibly a result of the same affliction that caused the drop in durable goods two weeks ago, namely a slowdown in aircraft orders.

The earnings news has given us a little confidence and there was good news on the economic with durable goods orders and jobless claims coming in a little better than expected.

The durable goods number will matter more to industrial stocks like Boeing and Caterpillar. People want to see if the growth in this sector is continuing, but they don't want it growing so fast that it will scare the Fed.