Wednesday, May 02, 2012

WEAK JOBS REPORT

Economy: "The ADP report showed that the private sector added 119,000 jobs in April. That's considerably less than the forecast of 170,000 new jobs, according to a survey of analysts by Briefing.com. It's also a significant decline from the prior month, when the private sector added 201,000 jobs.
Factory orders for the month of March are expected to have dropped by 1.8%."

Slowing world economies could not be seen as a good back drop here in the US. Fewer and fewer stocks are taking part in the rally to new highs, we have an aging BULL MARKET, act accordingly.

D

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