Friday, May 4, 2012

DailyMarkets.com - Schoenberger: “Jobs Report Is Abysmal…Bernanke Can’t Do Anything Right Now”

DailyMarkets.com - Schoenberger: “Jobs Report Is Abysmal…Bernanke Can’t Do Anything Right Now”


Schoenberger: “Jobs Report Is Abysmal…Bernanke Can’t Do Anything Right Now”

Posted: 04 May 2012 10:54 AM PDT

05/04/12 BlackBay Group’s Todd Schoenberger weighs in on the April employment report and talks about the implications for the QE3. Event risk overseas is also dissected ahead of this week’s elections in France and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Hot Option Plays: Data Disappoints

Posted: 04 May 2012 10:45 AM PDT

Cusick’s Corner 05-04-2012
The data was worse than expected and the market reacted negatively — the momentum appears to be on the side of the shorts. The overall market positioning appears to be more on the bearish side and possibly expecting some negative trade going into the expiration of May. The Euro and Gold are two segments that I am seeing a lot of pressure and there seems to be the potential for a deeper shake out. See you After Hours.
There’s a mini-meltdown on Wall Street following … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


What A Drop! Crude Tanks 4%

Posted: 04 May 2012 10:00 AM PDT

05/04/12 Weak manufacturing data out of Europe and weaker-than-expected jobs creation in the US paved the way for oil prices to tank Friday afternoon well below $100 a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Rick Santelli : Honest Unemployment Review, May 4

Posted: 04 May 2012 09:02 AM PDT

Thanks to regular reader Fred for prompting me to check out CNBC's Rick Santelli for his honest unemployment review a short bit ago.  I love somebody who cuts right to the chase. Santelli does just that.
Take the mere two minutes to view this clip so you have a real understanding as to the state of our labor market today. 

Thank you, Fred…now we can all navigate accordingly!!
If you do not get this link via e-mail distribution, then please go here.
Larry … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Wall Street Retreats On US Jobs Report

Posted: 04 May 2012 08:17 AM PDT

05/04/12 US stocks extended weakness following the US employment report for April. The US economy created 115K jobs in the latest month, while the unemployment rate fell to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Stall Has Arrived

Posted: 04 May 2012 08:01 AM PDT

The economy has stalled. Friday's jobs report for April was even more disappointing than … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Commodity Currencies, US Dollar Tumble On Weak Jobs Report

Posted: 04 May 2012 07:55 AM PDT

Fundamental Headlines
- Employers in U.S. Added Fewer Jobs than Forecast in April – Bloomberg
- European Manufacturing, Services Output Shrank Last Month – Bloomberg
- U.S. April Hiring Slows, Jobless Rate Falls to 8.1 Percent – Reuters
- Europe's Bank Stands Pat – WSJ
- Nasdaq to Launch New Stock-Options Trading Venue – WSJ
European Session Summary
Market conditions were relatively quiet ahead of the hallowed nonfarm payrolls report, the United States' reading of the labor … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Apple Is A Want–Global Resources Are Needs

Posted: 04 May 2012 07:40 AM PDT

Last week, U.S. Global's Tadas Misiunas and I spent some time with financial advisors from Florida, providing an update on natural resources investments. Many asked why global resources were significantly lagging the overall S&P 500 Index. Over the past year, there's been an extreme disparity between the sector and the overall market: As of March 31, 2012, the Morgan Stanley Commodity Related Equity Index had a one-year return of 15 percent while the S&P 500 Index gained more than 8 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Euro Lower, Dollar Rises As On Weak Data

Posted: 04 May 2012 02:00 AM PDT

05/04/12 Weak eurozone PMI data and a weaker-than-expected jobs report lifted risk aversion in the forex markets Friday … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Gloomy Start For Stocks

Posted: 04 May 2012 01:00 AM PDT

05/04/12 Stocks slipped Friday morning following weak eurozone PMI data and a less-than-impressive April jobs … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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