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FRIDAY’S UNEMPLOYMENT DATA ON TAP

|Includes: COST, DBC, EEB, EEM, EFA, EPP, GLD, IEV, ILF, IWM, IYR, IYT, JCP, JJC, JJN, JWN, LB, MDY, QQQ, SPDR S&P 500 Trust ETF (SPY), TGT, TLT, XLB, XLY, XRT

FRIDAY’S UNEMPLOYMENT DATA ON TAP

 

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Same store sales data was strong due to President’s and Valentine’s Day shopping.  Often mentioned in all reports was snow which didn’t stop bored consumers from shopping.  It takes a lot to slow down our friend Chucky.  Brushed-off by the end of Thursday was poor Pending Home Sales data which was way below expectations at -7%.  This was blamed on snow but can you have it both ways?

 

Bulls were active in retail stocks buying good news while ignoring everything else.......READ MORE!

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