Crazy like foxes and criminals ... supposed to be up 110K but NOOOOOOOOOOOOOOOOO .. now they spin with their big cushion in the futures .. "a wee bit disappointing"
30 odd K ain't shit
Oh, and also this:
Payroll gains in April and May were revised lower. April now shows a drop of 21,000 instead of a gain of 6,000. May's gains were dropped to 24,000 from 41,000.
Economists were looking for payroll gains of about 80,000 in June and a 5.9 percent jobless rate
Economist = shill
This is good also:
Manufacturing industries cut 23,000 jobs in June. Nearly a million jobs have been cut in the sector in the past year. The average workweek in manufacturing rose two-tenths of an hour to 41.1 hours, the highest since January 2001.
Services added 46,000 jobs in June, despite an 18,000 loss in retail jobs. Nearly a quarter million jobs have been lost in retail in the past year. Temporary help services added just 9,000 jobs after adding 96,000 in the previous two months.
Health services added 34,000 jobs.
So only Health services and temp help are adding jobs?
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"We will have a "surge" in jobs (report mind you) too-lol"
hey maybe the jobs number is actually light relative to the projected so this futures ramp serves to keep the market relatively flat taking into account the "hit" after the numbers are released at 5:30?
<G> ah, well, guess it couldn't possibly be like that as it is not merely an increasing bid on the futures but actually an occasional buy as we go through these wee hours .. who in their right mind would actually buy some futs at marked up prices just to try and manipulate the impact back in the US prior to our open .. that would be crazy .. 'suppose
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