Market this Friday 11/2

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employment data-October nonfarm payrolls increased by 166k, which is up from the previous month's reading of 96k. Unemployment came in at 4.7%, hourly earnings increased by 0.2% and the average workweek was 33.8. Economists were expecting the nonfarm payrolls to increase by 80k, a 4.7% unemployment rate, a 0.3% increase in hourly earnings and an average workweek of 33.8.

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stock market got off to a strong start today but quickly gave up a portion of its gains following solid October employment data......Dow -66 Points, Naz -3.55 rtq.

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indices continue into negative territory. the financial sector (-1.8%), is fueling the selling activity after it was unable to make a recovery following its 4.6% decline yesterday and the solid employment data. 7 out 10 of the ten economic sectors are in the red. only the tech (+0.3%), utilities (+0.3%) and energy (+0.3%) sectors are showing gains....Dow -56.50, Naz -3.94 rtq.

[ron]

stock market continues into negative territory with the lame excuse of renewed credit concerns.......how this continues to overshadow a solid employment report is beyond me!!!!.

trading has been choppy....Dow though recouping somewhat here since last update...Dow -34.24 Points, Naz +5.74 rtq.....13,532.51 2,800.98 rtq.

[ron]

Markets are currently printing green now with Naz holding steady on its gains with over 13 Points, while Dow is flatlined for the time being.....again, no justification for yesterday's dump other than a total manipulation....Dow +0.08, Naz +15.12 rtq.