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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Drygulch Dan who wrote (91444)4/4/2017 3:45:10 PM
From: GROUND ZERO™1 Recommendation

Recommended By
zebadog

  Respond to of 219733
 
Oh, LOL!!! You're not talking to a stranger with that kind of thing happening!!! LOL!!!

In this kind of market it's buy the dips and sell the rips... and always give the market the benefit of the doubt no matter what because it's always right...

GZ



To: Drygulch Dan who wrote (91444)4/5/2017 10:47:32 AM
From: GROUND ZERO™1 Recommendation

Recommended By
Investor Clouseau

  Respond to of 219733
 
Trump Effect: ADP Employment Surges To Highest Since 2014 As Manufacturing Hiring Spree Continues

After last month's private payrolls scorcher, when ADP reported that a whopping 298K jobs were added, the biggest increase in 6 years on a record surge in good producing jobs, this morning ago the momentum continued when ADP reported that in March the US generated 263,000 jobs, smashing expectations of a 185,000 gain, and after a downward revision to the February number from 298K to 245K, this was the highest print since December 2014.



Goods producers added 82,000 while construction jobs swelled by 49,000 and manufacturing added 30,000.

Broken down by firm size:

Small firms (1-49) added 118k jobs in MarchMedium firms (50-499) added 100k jobs in MarchFirms with over 500 employees added 45k jobsThe details:



The U.S. labor market finished the first quarter on a strong note,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. “Consumer dependent industries including healthcare, leisure and hospitality, and trade had strong growth during the month.”

Mark Zandi, chief economist of Moody’s Analytics said, “Job growth is off to a strong start in 2017. The gains are broad based but most notable in the goods producing side of the economy including construction, manufacturing and mining.

Judging by the market's reaction the reflation trade may be making a comeback, with the dollar rising ahead of Friday's payrolls release which according to ADP may be another blockbuster report.

zerohedge.com

GZ