Job losses are a lagging indicator and continue to go down even as the economy turns. However, these losses are big and combined with todays negative ISM index the DOW could fall about 200 points tonight. There is nothing to hold the market up tonight.
Overall, jobs are the only thing that will turn around the US economy.
Our market has been accurate in prepempting the US market lately and we will likely see accelerated selling tomorrow (today).
closest to the pin 05/08/2009, page-57
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DJIA (INDEXDJX) to my watchlist
 (20min delay)
|
|||||
|
Last
26,683 |
Change
82.730(0.31%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 26,683 | 0.00 | 0.00 |