http://biz.yahoo.com/c/terms/emp.html
If the numbers are 'bad' the spooz may open lower by around 6-8 points, but within 1-2 hours it will begin to move higher and all loses will be regained and the market will end the day green. Any dip will be a buying opportunity.
These numbers just aren't that big of a deal. There isn't much difference between 5.1 5.2 5.3 percent unemployemnt. A decline or rise in non-farm payrolls isn't that improtant either. Consumers are still spending, economy still growing, companies are reporting solid growth from overseas markets, and market is rising. Millions of people using credit cards, using google, buying ipods and blackberies, teens logging into myspace and facebook. There is also a silicon valley web 2.0 boom.
If the numbers are 'bad' the spooz may open lower by around 6-8 points, but within 1-2 hours it will begin to move higher and all loses will be regained and the market will end the day green. Any dip will be a buying opportunity.
These numbers just aren't that big of a deal. There isn't much difference between 5.1 5.2 5.3 percent unemployemnt. A decline or rise in non-farm payrolls isn't that improtant either. Consumers are still spending, economy still growing, companies are reporting solid growth from overseas markets, and market is rising. Millions of people using credit cards, using google, buying ipods and blackberies, teens logging into myspace and facebook. There is also a silicon valley web 2.0 boom.