Chart of the day: S&P 500 Index (SPY) as above. Wishing all of our SiAlpha users wonderful weekend.
US Markets Crawl Back to Close at a New High Despite an Early Day Sell-off $SPY Read More »
US non-farm payroll for February came in well above expectations with job growth of 236K vs. consensus estimate of a gain of 160K. Unemployment rate at 7.7% lowest since 2008.
US Unemployment drops to 7.7%, Lowest Since 2008 #economics Read More »
US stock markets traded sideways rising approx 0.2% as investors await the US Non Farm Payroll (aka employment) numbers tomorrow morning at 8:30am EST. Expectations are for an increase of 165k jobs and anything considerably lower could be the catalyst to tame this rising market which has seen the Dow Jones Industrial Average move up
Dow Jones Industrial Average (ETF:DIA) hit an all-time intra-day high of 14,286 today exceeding its all-time high made back in October 2007. The index is up almost 9% year to date. Already beating its 7.3% gain for all of 2012! SiAlpha signal turned negative for short and medium-term duration on DIA.
