VelocityShares Daily 2x VIX ST ETN (TVIX)

[weedresearch]

Factory Orders
Released On 2/4/2016 10:00:00 AM For Dec, 2015
Prior Consensus Consensus Range Actual
Factory Orders - M/M change -0.2 % -2.8 % -3.7 % to 0.2 % -2.9 %
Recent History Of This Indicator
Pulled down by weak exports and weak demand for energy equipment, the factory sector has been a weak link in the economy. And factory orders are expected to fall sharply in December with the Econoday consensus calling for minus 2.8 percent. This report in November was decidedly weak, reversing strength in October and including important setbacks for capital goods.

Definition
Factory orders represent the dollar level of new orders for both durable and nondurable goods. This report gives more complete information than the advance durable goods report which is released one or two weeks earlier in the month.

IF not for the short sqeeze and rise in oil the market SHOULD be tanking. should be anyways, but I'm sure they'll translate this to no rate hike and perhaps more QE.