Labor market in USA, just one word - SHIT
This labor report was good for the news, but in reality was plain and simply a piece of SHIT.
http://www.zerohedge.com/news/record-12-million-people-fall-out-labor-force-one-month-labor-force-participation-rate-tumbles-
I don´t buy this rallie, i am selling it.
Surging Rate-Cut Hopes Combined With Defense Of Support Led To Last Week’s
Rally, Driving Indices Into Overbought Territory N-T
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Equity bulls are hoping for a squeeze. With index-level short interest
at/near record, longs, if successful, will be able to build on last week’s
positive ...
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