Market Update: Stock futures are quiet ahead of Friday’s open as the market waits for the always fun (and fake) jobs report. Gary’s Thoughts: Blah fake job’s number. Another half million people leave workforce…thus unemployment number at 4.7%. Tired of talking Fed. Just remember, for ever, bad news is good news for markets as central banks…
Market Update: Stock futures are a little lower ahead of Thursday’s open as the market waits for today’s ADP report then Friday’s always fun (and fake) jobs report. Gary’s Thoughts: Paint drying open…but pay attention here. Something going to give soon. We feel it. Economic Data: Chain Store Sales Challenger Job-Cut Report 7:30 AM ET ADP…
Stocks opened lower but closed near their highs on Wednesday as investors digested the latest round of economic data.Auto sales fell which hurt sentiment. GM said sales plunged -18% last month and Ford (F) said sales tanked -5.9%. In the afternoon, the Fed’s Beige Book showed a decent picture of economic growth across the 12 districts. The…
http://www.bloomberg.com/news/videos/2016-06-01/the-beginning-of-the-end-for-opec
http://www.foxbusiness.com/politics/2016/06/01/mcconnell-clinton-would-be-four-more-years-obamas-policies.html
http://www.foxbusiness.com/politics/2016/06/01/beige-book-san-francisco-only-district-to-report-moderate-growth.html
http://www.reuters.com/article/us-usa-fed-cyber-idUSKCN0YN4AM
http://www.reuters.com/article/us-usa-economy-idUSKCN0YN4Y9
http://www.reuters.com/article/us-autos-gm-ride-sharing-idUSKCN0YN5NF?il=0
Highlights: 1. Market Wrap 2. Gary breaks down Wednesday’s action for you 3. Find out what important areas were defended 4. Gary tells you what areas to watch and what areas to avoid
