NFP Aprtil 1st 2011
Apr. 01, 2011 9:12 AM ET

AnalyzeCapital's Blog
1 Follower
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.
NFP April 1st 2011
It would be funny if today's BLS played an April fools joke on the NFP release. Too bad that won't happen.
The initial reaction has been dollar strength coming off the hour of the release. Whether or not this is sustainable is still questionable.
NFP numbers coming in at
The initial reaction has been dollar strength coming off the hour of the release. Whether or not this is sustainable is still questionable.
NFP numbers coming in at
- 216,000+
- and UE at 8.8%
Not gonna bother to break down the rest of the numbers (you can do that HERE). Initial equity reaction via futures seems positive. I'm looking for continued dollar strength, S&P500 to stay below 1333 by close and oil to give back gains.
Analyze Capital LLC
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.