Here's hoping these signs of life aren't elusive

Market watchers got a boost today with the release of durable goods data.

The data revealed that orders for durable goods - things like appliances, cars, and business equipment - rose 1.8 percent in the month of May. Stocks gained on the news after faltering the past few days.

But that doesn't mean happy days are here again.

See Brian Neill's blog at for his take.