Here are the employment numbers…
unemployment rate: 7.5% (was 7.6% last month)
nonfarm payrolls: +165K
private payrolls:
average workweek: down 0.2 hours to 34.4
hourly wages: up 4 cents to $23.87
February and March were revised up a combined 124K. What stands out are the revisions to the past data, that is a positive report and the market obviously likes it!
On the news S&P futures jumped about 12 points and is testing the R2 pivot on ES, and likewise gold is down, Crude oil is up and copper is way up. We'll how it opens and if it strengthens or weakens on the gap.
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May
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- Udpate on SPX daily and 60 min charts with the BPT...
- Our Recent Market Newsletter
- NYMO with Bollinger Bands - powerful indicator
- Technical Analysis on economic data
- Market comments and education
- Unemployment rate plotted with MACD
- Huge Memorial Newsletter for 2013
- NYMO and NAMO Indicators with Bollinger Bands
- Our Market Newsletter and some charts
- Wed Afternoon market comments/update
- S&P 500 tagged the upper trendline of the channels
- Silver may have put in a 5th wave bottom yestrday
- S&P 500 market comments and a video
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- Market Newsletter
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- Our Most Recent Newsletter
- S&P 60 min chart - tagging the upper trendline
- I think it's time to get the bunny out again!
- Quick Market Update
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- Hapyy Fibonacci Day, 5/8/13
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- Here are the employment numbers, positive report
- Market Recap
- Sell in May and go away Statistics and Excel Sheet
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- Short term market comments - bear wedge patterns
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May
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Friday, May 3, 2013
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