The NFP report was considered just right by Goldilocks. Not too hot (that’s for sure), and not too cold. But is it cool enough to roll the Fed over on October 30th? “Probably”, say da CME boyz. Anyway, SPX is so predictably bouncing from the July/August cluster of lows (support). As noted in a recent NFTRH update on 10/2… The next key test would be … Continue reading SPX: “Just Right!”… for now
According to those seers who are paid to usually be wrong, NFP would show +145,000 jobs after a fairly weak 130,000 last month. The employment situation is flat-lining. You can click the blurb below for the full report. Let’s now see who is floating the Good Ship Lollipop, in light of the ongoing Manufacturing slowdown and associated job losses. Why yes of course! Professional and … Continue reading Jobs +136,000 as the Good Ship Lollipop Sails On
