It works both ways pier1, at the start of the year we had two reports with upwardly revised numbers.
Besides if you go buy a bunch or dump your stocks based on the latest jobs number then your pretty crazy in my books anyway, thats why ~1% swings in indicies always strike me as odd, do big funds just hit the sell button immediately on all their holdings? Seems crazy.
More like its just HFT machines versing traders who think they can compete for scalping points swaying things around, real direction comes absent of news when people have time to think..
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Last
8,577.7 |
Change
-2.400(0.03%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,580.1 | 8,593.6 | 8,558.3 |
| XJO (ASX) Chart |