No bread lines yet. Last month's jobs report was an outlier and the upward revisions from this month were powerful. Not a huge number, but people still have jobs and the consumer is still not dead.
So here is the rhetorical question: Does it hold and follow through, or is it a sell into strenth moment? Most good jobs reports cause the futures to pop, but the market yawns and sells into strength later in the day. Only time will tell, but now that the jobs report is past, we can focus on individual stocks.
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2 comments:
Howdy Sneak,
Here's the link to the USLD BL&S Monthly Jobs Report.
http://www.bls.gov/news.release/empsit.t14.htm
Anyone can C&P this and go there for further "Sneaking" around, (as we've seen from previous evidence; cough, cough!)
If this is going to be a regular item to keep up with you could add this to your links list.
See ya back at the fort.
Fuzz
Are you able to place html links in your blog entries?
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