The Census Bureau reports that new orders for manufactured durable goods orders increased by 1.2% in December, below economists' average forecast for a 1.7% increase.
Concho Resources was upgraded to a buy by TheStreet.com's quantitative service on Wednesday.
The Commerce Secretary knows as well as anyone the sensitivity of the shipping sector to global trade flows.
At the very end of December, the shorter of the two downtrend lines was violated suggesting a possible reversal at hand.
Shares of the related companies are struggling, which can be the norm for investments in out-of-favor businesses.
Inventory turnover ratio can help companies better handle product inventory management.
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