We are UP 41% the last 2 months!
L: 635.49 H: 643.48
We managed to hop in and hop out today with a little GREEN! A nice way to start out November,
FLAT & GREEN.|
We will see you back here in the morning.
L: 634.30 H: 638.66
|In spite of the good employment report that showed unemployment down to a 5 year low of 4.4%, the market wouldn't go up. The OEX finished down 1.24 points (-0.19%) and the DOW was also down (-0.27%) for the day. Not much conviction to go down and not much room for some green. Have a great weekend.|
L: 634.48 H: 637.00
|Word today was that productivity is at a standstill. Let's see what the Nonfarm Payrolls,
Unemployment Rate and Hourly Earnings look like at 8:30 tomorrow and then at 10:00 the ISM Services report comes out.|
See you back here in the am for some bagels and the Friday market.
L: 636.19 H: 642.53
|We read that the Dow always closes to the up side the first day of November. We are glad that didn't convince us to hop into a call as it is only true 22 times over the last 27 years! We don't know the record for the second trading day in November. So let's see what tomorrow brings in addition to Initial Claims at 8:30 and Factory Orders at 10:00. See you in the morning.|
|Good morning and WELCOME TO NOVEMBER. The market is headed UP on open. Stay tuned...|
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