Another flat week for stocks–and worrying signs that the rally might be narrowing
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Waiting for the S&P–and for the market to resolve its sideways move of the last week or so
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To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Time for a little caution: Stocks enter overbought territory as the S&P challenges 2011 highs
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U.S. economy adds unexpectedly strong 243,000 jobs in January
Not just a good U.S. jobs number for January this morning but a surprisingly good jobs number. The U.S. economy added 243,000 jobs in January, up from a gain of 220,000 jobs in December. The private sector added 257,000 jobs in the month. Over the last three months the U.S. private sector has added 655,000 jobs.
The January barometer (What’s that?) points up for 2012
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Did the groundhog predict six more weeks of rally? (How about four?)
Markets go up when money sitting on the sidelines changes its mind so the shift from bearish to bullish by big bank strategists is certainly a boost to the current rally. If bank strategists are now bullish when they were bearish, it’s a reason, in itself, to think that this rally will run for a while yet. But I think the sense that is creeping into the market that the bad days of high volatility are over is premature.