February Jobs report +295,000, 5.5% http://www.nytimes.com/2015/03/07/bu...uary.html?_r=0
Stocks traded in a tight, choppy range yesterday and the indices closed with modest gains. The Dow gained 39-points with the small caps an international fund leading the way.
Today we get the February Jobs Report at 8:30 AM ET and estimates are looking for a gain of 230,000 jobs and an unemployment rate of 5.6%.
5th trading of March
SPX, 65% winning ratio with .19% average returns
R2K, 60% winning ratio with .13% average returns
AGG, 64% winning ratio with .09% average returns
Fridays are the 2nd worst day of the week
SPX, 36% winning ratio with -.20% average returns
R2K, 36% winning ratio with -.22% average returns
AGG, 73% winning ratio with .07% average returns
Stocks fell on Wednesday and have been under pressure since hitting new highs recently. The Dow lost 106-points on the day and percentage-wise, the losses were similar in the other major indices.
I really appreciate your patience while I have been out of commission this week. I will be back in the office full-time by Thursday morning (writing this Wednesday night), but I have to make this kind of quick
4th trading of March SPX, 50% winning ratio with -.31% average returns R2K, 50% winning ratio with -.28% average returnsAGG, 55% winning ratio with .04% average returns
Thursdays are the best day of the week SPX, 73% winning ratio with .75% average returns (last 2 closed down) R2K, 82% winning ratio with .80% average returnsAGG, 27% winning ratio with -.06%