Archive for August 6th, 2010

Treasury Yields Trend Lower on Weak Jobs Data

| August 6, 2010

The Bureau of Labor Statistics reported that nonfarm payroll employment increased by 12,000 in July excluding the effects of the Census, well below consensus expectations for a gain of 78,000. June data were also revised sharply lower from 125,000 jobs lost to 221,000. The 2007 recession continues to have the most significant impact on US […]

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Short-term Forecast for August 6, 2010

| August 6, 2010

Stock Daily Chart Analyses The following daily chart analyses provide short-term forecasts for the stock markets that we monitor. For intermediate-term outlooks see the latest weekly review, and for long-term outlooks see the big picture update. The S&P 500 Index The index closed slightly lower today, reversing large early losses during the final two hours […]

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