ADP job report
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1/5/11 Midnight Report: Dip Bought
The market got its schwerve back on today by buying the dip as if the dip were going to cure cancer, reveal the meaning of life, and lead to a threesome with Kayla Collins and Sara Underwood (who as always, can get under Money McBags’ wood whenever she pleases). So forget about unemployment, forget about…
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8/4/10 Midevening Report: Market continues moving on up, can now afford eastside deluxe apartment in the sky
The stock market crept up again today as the equity markets and bond markets continue to decouple like Bristol and Levi, Mel Gibson and sanity, or Carrie Prejean and her top. In terms of macro news, the ISM released their report on the services sector and it both beat analyst guesses of 53 by coming…
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6/30/10 Midday Report: Technical levels blown, now they just want to cuddle
The market was flattish for most of the day until the last hour as some of the fears about Europe abated in the morning thanks to their banking system remaining open for at least another three months (so long enough for depositors to carve out space in their mattresses and pull their funds before the…
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6/3/10 Midevening Report: BP apologizes for oil spill while investors await market’s apology for recent 12% drop
The market held steady today like the Universe according to Fred Hoyle or the unemployment rate over the past several months. Speaking of unemployment, jobs data came out in advance of tomorrow’s already leaked positive government non farm payrolls report which will no doubt feature a birth/death model plug so large that it will be…
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5/5/10 Midday Report: Investors celebrate May 5th with Sink-o de Marketo celebration
Buenos dias on this lovely Cinqo de Mayo as investors smack the market like a pinata in hopes of breaking it open to catch some falling CDS. Things remain ugly today as Europe is still on the verge of going bankrupt thanks to Greece’s steroidal Wimpy strategy of having a gyro today while promising to…