ETF Outlook for Thursday, July 3, 2014
Today investors will focus on three things: jobs, jobs, and more jobs. Oh, and maybe how quickly they can get out of work and on the road to beat the holiday traffic. There will likely be some big moves as volume will be low, allowing for above average volatility.
The Labor Department reported 288,000 jobs were added in June, blowing past the consensus estimate of right around 215,000. Despite that strong number, the Federal Reserve is not ready to change its tune anytime soon as evidenced by Janet Yellen’s speech this week. With the Fed on your side, stocks should continue their march towards all-time ...
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