January Employment Report has just been released. The report provides lots of data. Here are the numbers that matter. Non-farm Private Payrolls 158K vs. 190K consensus and 170K whisper number Unemployment rate 4.9% vs. 5% consensus and 5% whisper number Average earnings 0.5% vs. 0.3% consensus and 0.0% whisper number Number of jobs created is
January Employment Report has just been released. The report provides lots of data. Here are the numbers that matter. Non-farm Private Payrolls 158K vs. 190K consensus and 170K whisper number Unemployment rate 4.9% vs. 5% consensus and 5% whisper number Average earnings 0.5% vs. 0.3% consensus and 0.0% whisper number Number of jobs
January Employment Report has just been released. The report provides lots of data. Here are the numbers that matter. Non-farm Private Payrolls 158K vs. 190K consensus and 170K whisper number Unemployment rate 4.9% vs. 5% consensus and 5% whisper number Average earnings 0.5% vs. 0.3% consensus and 0.0% whisper number Number of jobs
The SP500 traded to the 50% retracement on the move up and now is trading right at the 38.2% ConocoPhillips (COP) that it is cutting its dividend. COP is an oil major. A big part of the shareholder base of oil majors is investors seeking safe high dividends. For boards of oil majors, maintaining dividends
The shorts are being force to cover and once again the market closed positive for third day in a row. Both, financial and Energy are leading. The SPX is approaching the 50% Fibonacci retracement 1940 which could create resistance. Indexes rose for a third straight session, propelled by higher crude prices, on hopes