Stock Charts - Free and Charting at Trucharts.com: Well what a blowout jobs report - our estimate was 240K and one of the highest estimates and the job reports came in at over 320K. This is good news for the economy but will put pressure on the Fed to raise rates next year. We still do not think this will happen due to the other world economies - but will definitely not spur a QE event. Markets are consolidating here - strong season for markets - we expect new highs.
Expect stocks to consolidate here. We will publish a stock to watch list later today.
Expect stocks to consolidate here. We will publish a stock to watch list later today.
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