Navistar International (NAV) Gains on ACT Truck Data (CMI) (PCAR) Aug 20, 2014 01:29PM

July Class 5-8 truck backlog increased 44% year-over-year and 1% from June, according to Wells Fargo analyst Andrew Casey, citing ACT research. July Class 8 backlog was up 3% from June. July Class 5-7 backlog was down 4% sequentially.

The report also noted that Navistar International's (NYSE: NAV) in July gained 2.6 percentage points of retail sales market share in Class 8 share. In Class 6-7, its retail market share improved to 26.4% in July from 24% in June.

Casey said data supports his 2014 Class 8 truck production forecast of 275,000 units.

Traders are also watching shares of Cummins, Inc. (NYSE: CMI) and Paccar (NASDAQ: PCAR).


UPDATE: Crude Inventory -4.47M Barrels vs -1.1M Expected Aug 20, 2014 10:32AM

(Updated - August 20, 2014 10:32 AM EDT)

Crude inventory for the week ending August 15 declined 4.47 million barrels vs a decline of 1.14 million expected.

Cushing inventory gained 1.76 million barrels.

Gasoline inventory grew 585 thousand barrels vs a decline of 1.4 expected.

Distillate inventory declined 960 thousand barrels vs 360 thousand expected.

Traders are watching energy futures and ETFs like United States Oil Fund (NYSE: USO).


UPDATE: Crude Inventory -4.47M Barrels vs -1.1M Expected Aug 20, 2014 10:32AM

(Updated - August 20, 2014 10:32 AM EDT)

Crude inventory for the week ending August 15 declined 4.47 million barrels vs a decline of 1.14 million expected.

Cushing inventory gained 1.76 million barrels.

Gasoline inventory grew 585 thousand barrels vs a decline of 1.4 expected.

Distillate inventory declined 960 thousand barrels vs 360 thousand expected.

Traders are watching energy futures and ETFs like United States Oil Fund (NYSE: USO).


UPDATE: July Housing Starts 1093K vs 965K Expected, Building Permits 1052K vs 1000K Aug 19, 2014 08:34AM

(Updated - August 19, 2014 8:34 AM EDT)

July Housing Starts were 1093K vs 1000K Expected, Up 15.7% vs Prior revised starts of 945k (from 893K).

Building permits were 1052K vs 1000k, up 8.1% vs revised 973K (from 963K)

Traders are watching the following stocks and ETFs:

D.R. Horton, Inc. (NYSE: DHI)
Pulte Group (NYSE: PHM)
KB Home (NYSE: KBH)
Lennar Corp. Cl A (NYSE: LEN)
Hovnanian Enterprises Inc. Cl A (NYSE: HOV)
Standard Pacific Corp. (NYSE: SPF)
Toll Brothers, Inc. (NYSE: TOL)
Ryland Group, Inc. (NYSE: RYL)
Meritage Homes Corp. (NYSE: MTH)
Beazer Homes USA, Inc. (NYSE: BZH)
SPDR S&P Homebuilders ETF (NYSE: XHB)


July MoM CPI 0.1% vs 0.1% Expected, Ex-Food and Energy 0.1% vs 0.2% Aug 19, 2014 08:31AM

July MoM CPI 0.1% vs 0.1% Expected, Ex-Food and Energy 0.1% vs 0.2%


More Economic Data

View Older Stories

Aug 19, 2014 08:34AM UPDATE: July Housing Starts 1093K vs 965K Expected, Building Permits 1052K vs 1000K
Aug 18, 2014 10:11AM U.S. NAHB HMI Rose to 55 in August; Third Month of Gains as Employment Outlook Improves (XHB)
Aug 18, 2014 10:11AM U.S. NAHB HMI Rose to 55 in August; Third Month of Gains as Employment Outlook Improves (XHB)
Aug 15, 2014 09:55AM University of Michigan Confidence 79.2 vs 82.5 Expected
Aug 15, 2014 09:15AM July Industrial Production 0.4% vs 0.3% Expected
Aug 15, 2014 09:00AM Net Long-term TIC Flows -$18.7B vs $19.4B Prior
Aug 15, 2014 08:30AM July PPI 0.1% vs 0.1% Expected, Ex-Food & Energy 0.2% vs 0.2%
Aug 15, 2014 08:30AM Empire Manufacturing Misses Expectations at 14.7 in August; Environment Shows Improvement, but at Slower Pace
Aug 14, 2014 08:30AM July MoM Import Price Index -0.2% vs -0.3% Expected
Aug 14, 2014 08:30AM Initial Jobless Claims 311K vs 295K Expected
Aug 14, 2014 07:46AM Euro Area GDP Flat in Q2; Inflation Falls to Lowest Annual Rate Since Oct. 2009 (FXE)
Aug 13, 2014 10:35AM UPDATE: Crude Inventory 1.4M Barrels vs -1.63M Expected
Aug 13, 2014 10:35AM UPDATE: Crude Inventory 1.4M Barrels vs -1.63M Expected
Aug 13, 2014 10:00AM June Business Inventories 0.4% vs 0.4% Expected
Aug 13, 2014 09:20AM Retail Sales Fall Flat in July as Consumers Get Cautious
Aug 13, 2014 08:30AM July MoM Retail Sales Advance 0.0% vs 0.2% Expected, Ex-Auto 0.1% vs 0.4%
Aug 13, 2014 07:13AM Japan GDP Fell 6.8% in Q2 Following New Consumer Tax Hike (FXY)
Aug 13, 2014 07:00AM MBA Mortgage Applications -2.7% vs 1.6% Prior
Aug 12, 2014 02:01PM Monthly US Budget Statement -$94.6B vs -$96B Expected
Aug 8, 2014 10:00AM June Wholesale Inventories 0.3% vs 0.7% Expected
Aug 8, 2014 08:30AM Q2 Nonfarm Productivity 2.5% vs 1.6% Expected
Aug 7, 2014 03:01PM June Consumer Credit $17.3B vs $18.6B Expected
Aug 7, 2014 10:30AM Natural Gas Inventory 82 bcf vs 83 bcf Expected
Aug 7, 2014 09:45AM U.S. Weekly Bloomberg Consumer Comfort index at 36.2 vs. 36.3
Aug 7, 2014 08:30AM Initial Jobless Claims 289K vs 304K Expected
Aug 6, 2014 10:33AM UPDATE: Crude Inventory -1.76M Barrels vs -1.5M Expected
Aug 6, 2014 10:33AM UPDATE: Crude Inventory -1.76M Barrels vs -1.5M Expected
Aug 6, 2014 08:30AM U.S. Trade Deficit Narrows to $41.5B in June, Topping Expectations
Aug 6, 2014 07:00AM MBA Mortgage Applications 1.6% vs -2.2% Prior
Aug 5, 2014 10:00AM ISM July Non-Manf. Composite 58.7 vs 56.5 Expected
Aug 5, 2014 10:00AM June Factory Orders 1.1% vs 0.6% Expected
Aug 5, 2014 09:45AM Market US Services PMI 60.8 vs 60.8 Expected
Aug 4, 2014 09:45AM ISM New York Rose to 68.1 in July as Job Growth Bolstered Gains
Aug 1, 2014 03:32PM U.S, auto sales rose 9% to 1.43M in July; Est. at 1.45M
Aug 1, 2014 10:00AM June MoM Construction Spending -1.8% vs 0.5% Expected
Aug 1, 2014 10:00AM July ISM Manufacturing 57.1 vs 56 Expected
Aug 1, 2014 09:55AM July UofM Confidence 81.8 vs 81.8 Expected
Aug 1, 2014 09:45AM Markit July Manufacturing PMI 55.8 vs 56.5 Expected
Aug 1, 2014 08:31AM June Personal Income 0.4% vs 0.4% Expected, Spending 0.4% vs 0.4%
Aug 1, 2014 08:30AM July Nonfarm Payrolls 209K vs 230K Expected, UE Rate 6.2% vs 6.1%
Jul 31, 2014 10:30AM Natural Gas Inventory 88 bcf vs 93 bcf Expected
Jul 31, 2014 09:45AM Chicago PMI 52.6 vs 63 Expected
Jul 31, 2014 08:34AM UPDATE: Employment Cost Index 0.7% vs 0.5% Expected
Jul 31, 2014 08:34AM UPDATE: Employment Cost Index 0.7% vs 0.5% Expected
Jul 31, 2014 08:31AM Initial Jobless Claims 302K vs 300K Expected
Jul 30, 2014 10:33AM UPDATE: Crude Inventory -3.7M Barrels vs -800K Expected
Jul 30, 2014 10:33AM UPDATE: Crude Inventory -3.7M Barrels vs -800K Expected
Jul 30, 2014 08:42AM Q2 GDP 4% vs 3% Expected
Jul 30, 2014 08:42AM Q2 GDP 4% vs 3% Expected
Jul 30, 2014 08:22AM U.S. Private Sector Adds Fewer Jobs in July
View Older Stories