Stock Market Analysis

Thursday, January 03, 2008

JOBS REPORT TOMORROW!

No matter what the market did today, the jobs report tomorrow is truly the report of all reports and the one that is going to rock the market. 75% of the US economy is powered by consumerism and consumption power is powered by employment and jobs! Lousy jobs = lousy spending = lousy economy. That is why the Jobs report released on the first Friday of every month recieves such enormous attention. From the ADP national employment report today, it certainly looks like job growth is slowing down but is that indicative of the number we are going to get tomorrow? It is hard to put a conclusion to it and trust me, with the secrecy the regulators put on safekeeping those numbers until they are officially released, nobody has any insiders on it, trust me.

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