Another big surprise in Nonfarm Payrolls
The Labor Department reported that nonfarm payrolls (NFP) rose by 4.8 million in June, way ahead of the consensus expectation of 3.23 million.
Read MoreMarket Musings & Economic Commentary
Tony will use his 30+ years of market experience to guide you throughout the trading day.
Summary of FOMC Minutes reinforce “follow the Fed”
Let me sum up the FOMC minutes just released – wait, I don’t have to because Fed Chair Powell already suggested it publicly since the meeting …
Read MoreBullish newsletter sentiment a little less frothy
Newsletter writers turned a little less bullish in the latest survey.
Read MoreBusiness added fewer jobs, but there was a huge upward revision
ADP reported that private payrolls at U.S. companies added 2.37 million jobs in June, well below the consensus estimate of 2.9 million.
Read MoreREMINDER: Monthly Macro Call for Gold Level Subscribers TODAY
Our monthly call will be today at 1pm Eastern.
Read MoreStocks rally into the close
Stocks added to yesterday’s gains and capped off the best quarter for the S&P 500 Index (SPX) since the fourth quarter of 1998, rising 19.95%.
Read MoreNice rebound in consumer confidence
The U.S. consumer was more optimistic in June, with all three components of the Consumer Confidence Index showing nice improvement.
Read MoreNext few days should be interesting…
Looks like the market is going to be opening flat after yesterday’s surge. We expect the next three days to bring a lot of headlines and potential volatility: Today…
Read MoreSPX back to positive for the month
Stocks kicked off the week on a positive note, with the four major equity indices all rising over 1%.
Read MoreThought you might find this interesting…
Put this in the category of real world interesting. I just went to the local water-sports and snowmobile dealer near where I have a cabin in the Adirondack mountains. I…
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