Seeking Alpha

More on the ADP jobs miss: In addition to April coming up 36K short, March was revised down to...

More on the ADP jobs miss: In addition to April coming up 36K short, March was revised down to 131K from 158K. S&P 500 futures remain flat. Treasurys (TLT) erase their sizable early losses, and are now up a hair. (full report)
Comments (17)
  • 10 year going below 1%.
    1 May 2013, 08:30 AM Reply Like
  • The Year over year number is now 1.75 million....lost some momentum
    1 May 2013, 08:31 AM Reply Like
  • With almost 400K people losing their jobs each week that's a lot of competition for those 1.75 million job openings at Arby's this year
    1 May 2013, 09:36 AM Reply Like
  • 2 different numbers and 2 different thresholds to tell you if economic weakness is forthcoming....one is earlier than the other....
    1 May 2013, 09:39 AM Reply Like
  • Sell in May looks like it might happen.
    Will see when Fridays job numbers come out.
    1 May 2013, 08:55 AM Reply Like
  • -10,000 more manufacturing jobs for the month.

     

    Terrible for working class Americans.
    1 May 2013, 08:57 AM Reply Like
  • This honey badger market don't care. The world screams global recession with Chinese and Russian numbers, CAT & IBM say things are adrift, so what does SeƱior Mercado do? Lets hit 16000 baby!
    1 May 2013, 09:04 AM Reply Like
  • Why make sense? Big Ben is the puppet master extraordinaire and clearly no one pays "attention to the man behind the curtain "
    1 May 2013, 09:20 AM Reply Like
  • So much for the very good 13 US economy.US economy Bernanke predicted last Oct in front of the NY economic club Trillions of $$ just doesn't go that far.
    1 May 2013, 09:17 AM Reply Like
  • Excellent news, my option trades will be going up for sure. Bullish.
    1 May 2013, 09:19 AM Reply Like
  • Good News for College Grads

     

    10,000 More Dollar Store Job Openings!
    http://bit.ly/14UzOMd
    1 May 2013, 09:30 AM Reply Like
  • Your post causes me to think aloud. So much cheering from the anti-PM crowd as the metals take it on the chin. Yeah, money can now go to more productive uses instead of useless lumps of shiny dirt. The people that make bulldozers and their investors at CAT don't see it that way. Let's see, mechanical and electrical and geology and civil engineering majors and well paid blue collar workers all making good $ digging stuff up to sell to others, or working at retailers making less than $10? Which economy would I rather have? My employer employs me and many others providing goods and services to the resource based economy. Or I could hope to get a good government job processing claims for the dis-enfranchised so they can shop at the dollar store.
    1 May 2013, 11:18 AM Reply Like
  • Anti- metals group cheer exactly what ? Try and buy silver at anything close to spot? If you can beat a $6 buck premium for ASE'S please let me know !!

     

    Paper price is one thing, physical is another. No one is selling their physical silver..
    1 May 2013, 01:55 PM Reply Like
  • TrimTabs Investment Research estimates that the U.S. economy added 67,000 jobs in April, less than half of the 156,000 jobs in March. These employment estimates were based on an analysis of daily income tax deposits to the U.S. Treasury from all salaried U.S. employees, and TrimTabs represents that this is a historically more accurate reading than the initial estimates from the Bureau of Labor Statistics. TrimTabs also reported that wage and salary growth was 2.8% year-over-year in April, versus 3.9% in March, but adjusting for inflation the gains were only put at 1.3% in April, versus 2.4% in March. Economists do not predict estimates for the TrimTabs report.

     

    Read more: ADP and TrimTabs Foreshadow Poor April Payrolls and Unemployment for Friday - 24/7 Wall St. http://bit.ly/ZUPrQP
    1 May 2013, 09:35 AM Reply Like
  • More pudding, please, Mr B
    1 May 2013, 09:51 AM Reply Like
  • Anyone who really thinks this economy is doing fine needs to take another look !!

     

    Almost every indicator is terrible. Even the ones the Govt toyed with to make them look good.

     

    Now wait until they change the GDP calculation just to confuse everyone again..
    1 May 2013, 11:19 AM Reply Like
  • This is how good our economy is. Great idea to buy in a dip, stupid idea to buy in every dip, when all illusions are gone we will see.
    1 May 2013, 01:26 PM Reply Like
DJIA (DIA) S&P 500 (SPY)