Friday, June 3, 2011

Market Update

Ugly Ugly Jobs Report!

  • Came In At 54k New Jobs
  • My Guess Was 50k, Not Bad
  • Keep In Mind Those 54K New Jobs HAD QE2
  • What Will Happen When That Drys Up At The End of June??
  • Dow Now Has Now Joined The S&P In Breaking Their Bull Forks
  • A Large Amount Of Bad Data Has Hit The Market And Markets Have Been Down The Past 5 Weeks
  • QE3 Would Turn This Market Around, IN THE SHORT TERM
  • QE2 Only Helped A Few Months, Not Worth The 600 Billion if You Ask Me
  • Sitting On The Side Lines Next Few Week