Thursday, December 5, 2013

Dec 5th 2013

Yesterday was full of surprises we opened down after strong employment data was released. The U.S. economy added 185,000 jobs last month, following a gain of 204,000 in October. New home sales also surged and ISM claimed the economy is still growing at a moderate pace. However, we recovered some ground at the closing bell, which lowered rates slightly. Today is another day filled with news releases that could move our market GPD, Jobless Claims, and Factory Orders are all released before 10 AM. Economists are predicting all numbers should come in strong, which means it could be another volatile day.





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