THIS was unexpected!

Tuesday, June 28th 2016 - Rockwell TradingMarket Recap for Sunday, August 7th, 2016   After a choppy couple of trading days, stocks were lower heading into Friday. Hoping for some good news, all eyes were on Friday’s Jobs Report. And the report was just what the Bulls were looking for! Non-Farm Employment numbers showed 255,000 new jobs vs. a 180,000 forecast. And Average Hourly Earnings increased 0.3% compared to the 0.2% that was expected. Although the Unemployment Rate stayed the same at 4.9%, the report beat everyone’s expectations and the major indices finished the week with gains. Fridays rally resulted in new records for both the S&P and NASDAQ. The S&P finished with a a new all-time high. And […]

 

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THIS was unexpected!

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