Stocks Slump After FOMC July 2013 Decision Ahead Of Jobs Number

FOMC More Accommodative After Rocky June: Stocks fell today in the afternoon after the FOMC kept interest rates at the same level and stayed accommodative as we expected.  The recent jump in home sales may be short-lived as consumers recalibrate and look forward to low interest rates ‘indefinitely’.  Ben Bernanke and company mentioned nothing about[…]

Russell 2K Closes At All Time High July 2013 After Bernanke Speaks Accommodatively

The recent rally in stocks has had many haters and new ones will be coming to the fore shortly.  The ‘most hated’ rally in history moved up another leg today after Ben Bernanke’s speech yesterday clarified which way the Fed will be headed.  The two most major initiatives of the FOMC are to monitor inflation[…]

May 2013 Jobs Data Could Show Fed Has No Reason To Signal Or Taper In 2013

Recent Fed Signaling May Be Too Early Depending On May 2013 Jobs Data: The stock market has been on a tear recently but Fed officials have been making comments that are getting market participants nervous.  This week’s ISM report, ADP payroll information and initial jobless claims data shows this approach may have been a bit[…]

S&P 500 Hits 1,600, Dow Crosses 15,000 For The First Time: 165,000 Jobs Added In April 2013

Will The Bulls Remain In Control? The stock market soared after the latest employment numbers were released today.  Most economists and traders, including missed the unemployment number for April.  The jobs number was far more than what we were expecting at 63,000 and the number came in over our highest estimate of 88,000 with[…]

Initial Jobless Claims Fall 5.3% To 324,000, The Bullish & Bearish Case For Stocks On The April 2013 Unemployment Data Report

The Jobs Number Tomorrow Could Set Tone For “Sell In May?….” Initial jobless claims fell to a seasonally adjusted 324,000 for the week ending April 27, according to a Labor Department.  Claims for jobless benefits fell 5.3 percent after dropping 2.8 percent in the prior week and most economists were expecting an increase to 345,000. […]

Initial Jobless Claims April 13, 2013 Rise By 4,000; Economic Data Is Getting Weaker

Are stocks signaling a much weaker economy than expected earlier in 2013? The U.S. Department of Labor said initial claims for unemployment insurance benefits rose last week.  Jobless claims rose by 4,000 from the prior week of 348,000 and are evidence the labor market remains weak.  A weak labor market continues to have negative effects[…]

Only 88,000 Jobs Added In March 2013, The Impact Of Sequestration and the Payroll Tax Increase

Sequestration and the Payroll Tax Increase Delayed Effects Set In: Stocks fell yesterday after a dismal jobs report was announced for March 2013.  U.S. equities dropped in the pre-session trading after the jobs number showed only 88,000 additional people were employed for the month.  Once again the labor participation rate stunned observers as people wondered[…]

Will The March 2013 Jobs Report Lift Stocks?

March 2013 Jobs Report Could Be Next Stock Market Catalyst: Stocks rallied ahead of tomorrow’s all important jobs report as a barometer of how quickly the U.S. economy is growing.  Traders have been cautious all week but today equities caught a bid as traders were more willing to own stocks after ADP’s disappointing private sector[…]

Unemployment Rate Drops To 7.7 from 7.9 Percent: Is QE Over?

Unemployment Rate Drops To 7.7 from 7.9 Percent: Is QE Over? Unemployment rate drops to the lowest level in 4 years. Yesterday the unemployment report showed the U.S. economy is gaining strength.  The U.S. economy added 236,000 jobs last month, according to the Labor Department report released Friday.  The January data was revised down from[…]