Friends Hope was in the air after yesterday's strong rally in stocks, a huge rally in Asian shares overnight, and a nice 150 plus Dow point opening rally this morning. But alas, sellers appeared and another ugly reversal ensued. I don't think any of us thought that we...

Friends Well it looks like traders came back from the Hamptons and the Labor Day Weekend with a much better attitude. After another bad week for stocks last week, shoppers looking for bargains decided that they would begin to dip their toe in the water after some...

Friends First, let's talk about the jobs report. The non-farm payroll number showed an increase of 173,000 new jobs in August, which was a little shy of expectations. The unemployment rate fell to 5.1%, while average hourly earnings increased 0.3% (average hours...

Friends As we close in on Labor Day weekend, trading is becoming thinner and as traders focus in on tomorrow's jobs report. Yesterday's private sector ADP number was a bit shy of expectations, but expectations for tomorrow's government non-farm payroll number is...

Friends First, just wrapping up the action in August, we saw the Dow drop about 6.5% while the S&P was down about 6.25% for the month. Well, September didn't start much better. I hope you didn't feel like last week's rally off those Monday lows meant that the...