Thursday, January 12, 2012

Well just when you thought it was safe to get back in the job market, surprise it's not. The market is at a tipping point and the latest unemployment numbers did not help. We thought the market could go up to 1330 by March 1st and that still is possible with better than expected corporate earning during this quarter. The jobless claims sure did not help those prospects. Three sectors are breaking out from a consolidation Regional Banks, Homebuilders and Financials. Let's see how this continues as the first of the big Financials reports tomorrow.

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