Tag: unemployment rate

Bad News Already Priced In?

Despite a few nice gainers this past week, the major indices still turned in a losing week. The Dow lost -2.2%, the Nasdaq lost -1.7%, and the S&P 500 lost -2.3%. Most of this weekly loss can be attributed to Monday’s loss. What’s most surprising is that as the week wore on, and the bad

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First Week Of December Coming To A Close

By noon today the markets knew where they were headed and it was lower, by over 2.5%. The breadth indicated that the selling was outpacing the buying. Selling pressure continued into the afternoon and a spike was seen when the morning lows were broken in the S&P. However, there wasn’t a surge in selling when

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