Unemployment Day
- Posted by UpsideTrader
- on December 5th, 2008
It’s unemployment day and that is all the market will be watching. It will be very interesting to see how we react to any number at this point. Unemployment is currently at 6.8%, I think it tags 9-10% over time. Futures are off slightly as we wait. I think any rally will be sold aggressively.
Interesting how the sabre rattling has begun with Israel and Iran and oil just keeps going lower.
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Joe was on Wall St, for twenty five years and his career took him to the retail, institutional and capital markets... More »
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