Initial thoughts following payroll data
The significant upside surprise in today’s Nonfarm Payroll data that showed job growth of 528K jobs vs. the consensus expectation of a 250K gain reinforces our view expressed in…
Read MoreThe significant upside surprise in today’s Nonfarm Payroll data that showed job growth of 528K jobs vs. the consensus expectation of a 250K gain reinforces our view expressed in…
Read MoreThe July jobs report was much stronger than expected, with the number of jobs added more than double what was expected.
Read MoreThe percentage of S&P 500 Index (SPX) stocks trading above the 10 & 50-day moving averages were lower with yesterday’s 0.08% decline in the SPX.
Read MoreS&P equity futures are trading near parity with Thursday's close, amidst a mostly mixed to lower session in Europe and a positive Asia overnight.
Read MoreThe S&P 500 Index (SPX) swung between gains and losses while remaining in a very narrow trading range of just 25 points, the tightest range since New Year’s Eve.…
Read MoreSentiment among retail investors was less pessimistic for the fourth straight week, however, the number of bears still outnumbered bulls.
Read MoreThe U.S. Labor Department reported the number of applications filed for initial jobless claims rose by 6k to 260k in the week ended July 30, matching the consensus estimate.…
Read MoreThe percentage of S&P 500 Index (SPX) stocks trading above the 10 & 50-day moving averages were higher with yesterday’s 1.56% gain in the SPX.
Read MoreS&P equity futures are trading above Wednesday's close, amidst a higher session in Europe and a positive Asia overnight.
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