03
Jun
Market Sentiment Watch: Ugly open on tap as payrolls disappoint at up 431,000 with the majority (411,000) of that figure being Census "jobs". The Street had been looking for numbers well over 500,000. The unemployment rate fell to 9.7% but the focus will and should be on the lack of real job creation and [...]
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03
Jun
Market Sentiment Watch: Thank you sir, may I have another?! Probably not of yesterday’s magnitude as this market has had a very difficult stringing together two green days, let alone two strong ones. In energy land, all eyes remain on BP. Fitch downgraded them overnight but the big news for the stock will whether [...]
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Posted in Uncategorized | 162 Comments »