We have snapped the recent losing streak, there is the one week chart. We have traded down every single day since last friday, all down arrows. The question was whether or not this week we would snap the recent winning streak. 16,086 would be our threshold to watch for the closing bell. We will see if we get past that. Maybe tough. The vix is pulling back after a fourday low. What we have been seeing today. 2. 87 . Back to you. Adam see you in 15 minutes we had cheryl the jobs report a big catalyst this morning. Peter barnes to break down the numbers for us and the highlights, the Participation Rate seemed to be the big change, peter. Peter that is right. One reason we saw the Unemployment Rate drop, such a surprise from 7. 3 in october to 7 in november. And of course the other part was just plain old job creation. Nonfarm payroll surveyed 200,000 jobs added in november, expectation was 180,000, so both of these numbers coming in better than expected. And part of it is not just because
Buck could neither confirm or deny the speakers statements before then issuing a press release reading quote, nothing has changed. As he said many times, the speaker believes step by step reform is important but wont happen until the president builds trust and demonstrates a commitment to the rule of law. But the boehner twists and turns on this issue are a part of the Public Record and here now, the dizzying timeline. On the 6th of february, boehner declared Immigration Reform was no longer on the house agenda for this year. There is widespread doubt about whether this administration can be trusted to enforce our laws. And it is going to be difficult to move any immigration legislation until that changes. Lou just one week earlier boehner reportedly floated an amnesty propol at the annual republican retreat in maryland and then told reporters at a postretreat News Conference, quote, i think its time to deal with it, end quote. On december 5th, in his weekly house leadership News Confe
Firms that might be now in the crosshairs. The stunning market rally continues right now. The scorecard, s p 500 up some 24 yearoveryear. Right to the floor show. The cme group, the nymex and the new york stock exchange. First, we really should talk about whats going on with Nicole Petallides and the transports. Once again we see another record high. Yeah. Its worth taking a look at the transports. When we see a record high on this particular group, the truckers, the shippers, airlines, railroads, they really are a great economic indicator, and youre seeing some of those names moving to the upside and look at the transportation index up about 1 as we noted. Yep, indeed. And chris at the cme, i know you watch those transports, but what does it say when you have everyone frommedrailroads to airlines and Companies Like ups and fedex and the entire market itself which again continues to move up . It really, to me, means a lot of Money Managers are reaching for risk right now. Theyve been o
Buck could neither confirm or deny the speakers statements before then issuing a press release reading quote, nothing has changed. As he said many times, the speaker believes step by step reform is important but wont happen until the president builds trust and demonstrates a commitment to the rule of law. But the boehner twists and turns on this issue are a part of the Public Record and here now, the dizzying timeline. On the 6th of february, boehner declared Immigration Reform was no longer on the house agenda for this year. There is widespread doubt about whether this administration can be trusted to enforce our laws. And it is going to be difficult to move any immigration legislation until that changes. Lou just one week earlier boehner reportedly floated an amnesty proposal at the annual republican retreat in maryland and then told reporters at a postretreat News Conference, quote, i think its time to deal with it, end quote. On december 5th, in his weekly house leadership News Con
Tune of triple digits, 113 points at 735, also the s p 500 up 3 4 and the tech savvy nasdaq the best of the bunch of 11 4 . We have seen all ten sectors with the arrows including financials and technologies and risky areas continue to do well today so really bucking the trend, moving so slightly into positive territory for the week for three major averages. Not for the russell, the russell 2,000, look at the vix, the third index, the volatility gauge we watched so closely. There is the fullback and a serious one, 10 today. 1545, a little worried, off the table for now. Adam Charlie Brady asking if we could be setting up for another bull run. Thank you. Lori u. S. Employers hired fewer workers than expected in january marking the second straight disappointing employment report but there were some sector winners. Some analysts expected the weather to have impacted construction. That sector added 48,000 jobs. Another big winner, six straight months of gains adding 21,000 jobs in the lates