July Jobs Report: Unimpressive
By Kristina Zurla Landgraf • Aug 6th, 2010 • Category: Broker Commentary, Market Updates, Trader ViewpointsComments on the July Employment report from Nick Kalivas, Vice President of Financial Research with MF Global Research:
Stocks poke below the 200 day moving average. This is sparking technical selling. The first hold did not seem to work. The market is also dancing around unchanged on the year.
The labor market is unimpressive. Growth continues [...]
