$tockMarketDirection still maintains a bullish posture. This past week demonstrated significant volatility with the market vacillating between significant up days and down days. However, the week ended on a strong up day related to employment data. Non farm payroll increased. Despite the increase, there was also an up tick in unemployment. The up tick in unemployment may influence the feds to maintain their accommodating fiscal policy.
Reports this week include: treasury budget (6/12) and initial claims and retail sales (6/13).
$tockMarketDirection is in a Bullish Posture. We strongly encourage our many bloggers/followers to monitor positions closely, exercise proper money management strategies and to monitor $tockMarketDirection for ALERTS that we may issue advising of a change in our current bullish posture. Cha-ching.
$tockMarketDirection is in a Bullish Posture. We strongly encourage our many bloggers/followers to monitor positions closely, exercise proper money management strategies and to monitor $tockMarketDirection for ALERTS that we may issue advising of a change in our current bullish posture. Cha-ching.
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