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The Oxen Report: Wednesday Looking Towards Non-Farm Unemployment and Cable Earnings to Get Back to Green
The Oxen Report: Wednesday Looking Towards Non-Farm Unemployment and Cable Earnings to Get Back to Green
The week has not started on a terribly great note as we are now 1/3 after Tuesday’s miss on Direxion Daily Bear Energy 3x ETF (ERY) . I went against my investing rules with ERY by investing in something that had moved way too much in pre-market trading, and the ETF came down hard from ...
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Long-Term Unemployment
Long-Term Unemployment
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Non Farm Payrolls To Bring The Bears OutDaily Markets
After what was a yawnfest this morning, the afternoon session started with the key Non Farm Payrolls which were weaker than expected across the board. Payrolls fell -190k vs the -175 the market expected. The Household survey showed a dramatic decline of -589k and the unemployment rate shot up ...
Double-Digit Unemployment… Just How Lagging Is It?24/7 Wall St.
The Labor Department has just reported the unemployment rate and non-farm payrolls data for October. It isn’t pretty. The unemployment rate screamed up into the double-digit territory to 10.2%. The non-Farm Payrolls shrank by a reading of -190,000 versus estimates of -175,000 as the ...