Created 4. 8 million jobs, and that is much stronger than expected almost every single sector improved, bringing the Unemployment Rate down to 11. 1 . Isnt that the kind of news that makes people want to buy pretty much anything . Then the rally did taper off near the end of the day. The dow only dwayne e gained 92. Those are big numbers, but we got spoiled, didnt we what do these numbers mean what reflects the state of the labor market in the middle of june how does it impact your money . First, you need to understand that were still nowhere near where we are before the pandemic struck we still have a lot of ground to make up. The economy was smoking hot. I, however, think its a legitimate comeback. Its a legitimate comeback and a comeback gives you more latitude to buy stocks that depend on a healthy economy, not just an unhealthy one. But these are before the latest outbreak thats forcing many stocks to go back into lockdown mode, so its a glimpse into a post covid future that we ha
Highs we have seen. The nasdaq is the worst performer of the three major averages. Being a tech heavy index, it is down 1 , twice the declines we are seeing in the s p in the dow this point. We were seeing much more green on the screen earlier. Health care in industrials have turned more deeply into the red. We have been watching apple in the selloff. It has been mirroring declines in the major averages. Taiwan Semiconductor Shipments for iphone 6 s and seven, the shipments between june and december could decline as much as 70 to 80 . We are definitely seeing investors extrapolate what that means for apple and other apple suppliers as well. Were seeing a Ripple Effect within technology. A lot of different kinds of chipmakers are following today. If you thought yesterdays decline in retail, that that was it youre in for a rude awakening. Calls in particular are tumbling by 12 . Comparable sales are down 3. 9 . Analysts had estimated a gain. Consumers are not buying apparel and there are
Deluge. Demand for stocks is waning which is why on this first dave a new quarter, the dow fell 78 points. S p 500 declined. Had 4 . And believe me at some point it was real ugly. I often talk about what actually moves stocks and how they can react to a whole series of inputs earnings forecasts, employment gains Federal Reserve policy changes. These are all substantive game changers. They can impact your portfolio. However, there is a whole series of issues having to do with the mechanics of money management. While the issues are rarely talked about except perhaps on this show they can have every bit as much of an impact on your stocks as those heavyweight fundmmentfund funneled. Al inputs i mentioned. Thats why i focus on the secretive workings of money management, the busy used to be because these forces are extremely powerful. They can wreck even the most jovial of bull markets. And none is more deadly than the impact on all stocks from new supply. For the longest time this markets
Form 10-Q CABO VERDE CAPITAL INC For: Jun 30 streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Item 2.01.Completion of Acquisition or Disposition of Assets. On September 30, 2023, we completed a share exchange transaction pursuant to the terms of a Share Exchange.