- Four Things You Didn’t Know about Unemployment
- Black Swan Chronicles: Two Stories about a Bubble
- Marketwatch Movers and Shakers
- NY Times: Markets Struggle as a New Quarter Begins
Last night the candle market scans told the story: 5 to 1 bearish candles to bullish. Futures this AM down, Asian markets down and Europe futures down.
Looks like one of those days to start out October. I will be looking to add only on bargains. Yesterday and alert went off for the DOW at 9630, which is the 2.9% benchmark off the high recorded not long ago. Since it set off at approximately 9:56 AM, it has recovered to a close of 9712.
My chart several posts ago of the market behavior on quarter ends suggest we may in for several down days — we’ll just have to see.
For what it’s worth, the Monster employment index dipped 2 points in September to 119 indicating that employers remain cautious in hiring. In a positive, the report said demand for blue collar workers is firming.
Likely will not be doing market journal today. I may cut out for the mountains to shoot some falls.