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12.10.2015 - Insiders Club Bookmark

12.10.2015

Morning all, we've made it to Thursday....

Yesterday was about as weird a day as I've seen in a long time. The moves up and down were violent, sharp, and often times "counter" to what the minute by minute indicators would have suggested.

But one thing is definitely was.... a very poor outing. On a technical level we lost some major supports. Will they try and retake them? Probably.

Financial Intelligence Report - 11.8.2015 Bookmark

Jobs For Who?

On Friday we got the non farm payroll report. Estimates were for a gain of 183,000 jobs. But when the number hit we didn’t print 183K jobs, we printed 271,000 blowing away even the most bullish estimates. Inside the report it was all rainbows and unicorns. We saw the unemployment rate fall to 5%, and we see wages rose an astounding 2.5%.  A better report you simply couldn’t make up!!  In fact that’s true, because they made this one up, and it was the best they could do.

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